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ATM gives $37,000 to homeless man using cash advance feature 53 times

A homeless man in Portland, Maine, was able to receive $37,000 in cash using a faulty ATM machine that kept spitting out "cash advances"
By: Michael Hatamoto | Hacking & Security News | Posted: Apr 5, 2014 6:14 pm

A homeless man in Maine used his ATM card at a TD Bank branch to collect more than $37,000 in cash advances, receiving $700 separated into 53 transactions.




Initially, the man had just $100 in his checking account, but the malfunctioning ATM allowed him to receive multiple cash advances before he was stopped by police.


"We got a call that he was sleeping in the [ATM] vestibule, and we had to move him along," said Lt. Todd Bernard, from the South Portland Police Department, in a statement to local media. "Then at around 5:30 a.m., we got another call that he was back there and taking an unusually long time at the ATM by a who was trying to use it. She thought it seemed suspicious."


After the police arrived on-scene again, they found the homeless person stuffing the cash into a shopping bag. The money was recovered and the bank declined to press charges against the man.


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