Mr. Speaker, an illegal Russian immigrant is charged with using three privately owned automatic teller machines to steal more than $1.2 million, but there is a twist. He did not steal the money from the machines. He owned the machines.
He used the ATMs to gather bank information and PIN numbers from unsuspecting customers and robbed their accounts later. These machines were authorized by the federal Competition Tribunal but because they are not operated by a chartered bank, they are unregulated.
When will the government act to protect both consumers and legitimate owners of private ATMs?