The scheme wasn't exactly Oceans 11-like in complexity, but authorities say 14 people robbed a total of $1 million from casino kiosks thanks to a bank loophole, reports NBC News. Authorities say the suspects would open accounts at Citibank, then go to casinos in California and Nevada and withdraw the money from cash-advance kiosks as many times as they could in a 60-second span. Someone had figured out that a glitch prevented Citibank from recording the extra withdrawals, reports Patch.com.
With the money, the suspects would then go on gambling sprees, usually getting rewarded with comped rooms by the casinos because of the amount of money they were flashing. This went on for eight months, but all 14 were indicted this week on bank fraud charges. And, sorry, Citibank has fixed the glitch. (Read more Citibank stories.)