Hi Seal Beach,
We want to make you aware of a national banking fraud trend known as ATM jackpotting.
According to the Federal Deposit Insurance Corporation Office of Inspector General, ATM jackpotting involves criminals gaining access to an ATM, installing malware, and causing the machine to illegally dispense cash from the bank’s supply. The FDIC OIG says the FBI estimated 700 instances and more than $20 million in losses in 2025. The alert also notes that these crimes are often connected to organized groups and may involve activity both at the machine and from people directing the operation remotely…