Eight arrested in Spain for global ATM heist

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Eight people suspected of involvement in a hacking ring that siphoned $60 million from banks around the globe have been arrested in Spain.

On Sunday, Reuters reported that the individuals – six Romanian citizens and two Moroccans – were detained on the outskirts of Madrid.

Authorities believe the Spain-based group is part of a larger network of criminals that hacked credit card processors beginning in Dec. 2012, and used teams of cashers to withdraw money from ATMs in numerous countries. In November, six suspects in New York were arrested for their alleged connection with the racket.

Spanish police told Reuters that the bulk of the organization based in Spain had been dismantled with the recent bust.

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