Criminal Syndicate Responsible for Fraudulent ATM Withdraws Throughout Arizona
Cottonwood, AZ, November 15, 2022 — Between November 5th and November 7th, Cottonwood Police Officers responded to multiple reports of fraudulent ATM withdrawals which occurred at multiple local financial institutions. Cottonwood Officers shared information from their initial investigations with detectives in the Criminal Investigation Unit (CIU).
Detectives followed up on several investigative leads which had been developed. In the following days, in the course of furthering the investigation, it was determined the fraudulent acts were being committed by a criminal syndicate made up of multiple male subjects and involved additional financial institutions throughout the State. Due to the criminal conduct having occurred in multiple jurisdictions, CIU personnel have coordinated efforts with other local, state, and federal agencies to continue furthering the investigation, which is still ongoing. The total amount defrauded in Yavapai County (Prescott Valley and Cottonwood) was over $120,000.00