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breaches incidents
Venezuelan Gets Record Federal Prison Term for ATM Jackpotting
Juan Manuel Gouveia-Aguilera received an 8-year federal prison sentence for participating in an ATM jackpotting scheme that resulted in millions of dollars in losses. The sentencing represents a record penalty for this type of financial crime.
Why it matters: Financial institutions and law enforcement personnel should understand that ATM jackpotting attacks face serious criminal consequences, and banks operating vulnerable legacy ATMs remain targets for organized fraud schemes.
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