Feds: Chicago men set ATMs to spit out 20 times the cash requested

SHARE Feds: Chicago men set ATMs to spit out 20 times the cash requested

AP file photo

Two Chicago men netted $185,000 by tinkering with ATMs around the city so they would spit out as much as 20 times more cash than requested, according to a federal grand jury indictment unsealed Wednesday.

Trent Ratliff, 52, and Fredrick Lee, 60, have each been charged with conspiracy to commit computer access fraud and separate counts of computer access fraud, according to the U.S. attorney’s office.

The pair appeared before U.S. District Judge Gary Feinerman and were released on $4,500 bond each. They are expected back in court Aug. 24.

Ratliff and Lee allegedly deposited nominal sums of money on debit cards registered to themselves and others, according to the U.S. attorney’s office. Between September 2010 and January 2011, the two allegedly used those debit cards and accessed the management function of ATMs in and around Chicago. Then they altered the settings so the ATMs incorrectly reported and transmitted debit amounts, authorities said.

In many cases, Ratliff and Lee allegedly set the ATM to record debits that were one-twentieth of the actual funds disbursed.

In other words, a request for $100 would result in the ATM spitting out $2,000.

The Latest
As they’ve done across the nation, conspiracy theorists have inundated election officials across the state with form letters demanding voter records and threatening lawsuits.
The South Side native and St. Rita grad has deep roots in the Midwest and a love of coaching.
He painted it in August amid the ongoing war in Ukraine, portraying a woman in Ukrainian folk dress as a ‘a symbol of strength and the power of creation.’
Roderick Woodson of Morgan Park saw $997 mysteriously drained from his Chime Financial account in minutes. The company restored his money after a Sun-Times reporter asked: What happened?
QAnon is essentially an online phenomenon, an aggregation of cranks sitting at home alone getting all worked up over silly fantasies.