Debit card fraud suspects arrested for alleged $350K ATM scam

Two men have been arrested in Ontario for allegedly operating a debit card fraud using automated teller machinesinstalled in Quebec and Ontario to net approximately $350,000.

Quebec provincial police received support from regional police in Peel and Halton, Ont., in order to conduct three raids early Wednesday morning. Police arrested two men during the raids.

Police believe the suspectsinstalled their owncard-reading devices and cameras in 90 ATMs. The card-reading devices skimmed the cards for bank information, while the cameras read customers' bankingPINs.

The men allegedly did this in Montreal,St-Jrme, Gatineau and Quebec City.

Both are expected to appear in court today to face charges of fraud and identity theft.