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VIDEO: ‘Thieves use forks to fleece ATMs’

Five people have been arrested for using fork-like devices to steal money from cash machines in northern and central Italy in 35 separate incidents of alleged "reversal cash trapping".

VIDEO: 'Thieves use forks to fleece ATMs'
Screengrab: TM News

Four men and one woman have been arrested for allegedly stealing cash from ATM machines in the Italian regions of Liguria, Marche, Tuscany and Veneto using a claw-like contraption similar to a fork.

Unlike the more "traditional" cash trapping method, which involves using a claw-like device to steal money from ATMs before the selected amount of money is released, this latest form of theft, known as “reversal cash trapping”, allows thieves to steal up to ten times more cash straight from the source.

According to La Stampa newspaper, thieves would insert a fork-like device into the opening of the cash machine which would trap more than the amount selected by the customer. 

The alleged thieves then used their own cards instead of relying on those of customers to stimulate the flow of cash, selecting just a minimal amount, allowing them to make off with as much as €2,000 at a time.

With the help of CCTV, police have now arrested four men and one women in Ventimiglia, Genoa, Bologna and Florence in connection with the incident. Another woman is also being investigated who – along with her child – allegedly acted as a lookout while the thefts were taking place.

The investigation was sparked after an incident in the town of Bogliasco in Genoa.

In CCTV footage published by TM News (below) a man is seen to apparently employing the technique.

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CRIME

Italy has most recovery fund fraud cases in EU, report finds

Italy is conducting more investigations into alleged fraud of funds from the EU post-Covid fund and has higher estimated losses than any other country, the European Public Prosecutor's Office (EPPO) said.

Italy has most recovery fund fraud cases in EU, report finds

The EPPO reportedly placed Italy under special surveillance measures following findings that 179 out of a total of 206 investigations into alleged fraud of funds through the NextGenerationEU programme were in Italy, news agency Ansa reported.

Overall, Italy also had the highest amount of estimated damage to the EU budget related to active investigations into alleged fraud and financial wrongdoing of all types, the EPPO said in its annual report published on Friday.

The findings were published after a major international police investigation into fraud of EU recovery funds on Thursday, in which police seized 600 million euros’ worth of assets, including luxury villas and supercars, in northern Italy.

The European Union’s Recovery and Resilience Facility, established to help countries bounce back from the economic blow dealt by the Covid pandemic, is worth more than 800 billion euros, financed in large part through common EU borrowing.

READ ALSO: ‘It would be a disaster’: Is Italy at risk of losing EU recovery funds?

Italy has been the largest beneficiary, awarded 194.4 billion euros through a combination of grants and loans – but there have long been warnings from law enforcement that Covid recovery funding would be targeted by organised crime groups.

2023 was reportedly the first year in which EU financial bodies had conducted audits into the use of funds under the NextGenerationEU program, of which the Recovery Fund is part.

The EPPO said that there were a total of 618 active investigations into alleged fraud cases in Italy at the end of 2023, worth 7.38 billion euros, including 5.22 billion euros from VAT fraud alone.

At the end of 2023, the EPPO had a total of 1,927 investigations open, with an overall estimated damage to the EU budget of 19.2 billion euros.

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