Three of the suspects, Andrejs Peregudovs (41), of Latvia, Niklae Penkov (34) of Moldova, and Mihail Colibaba (30) of Romania, were arrested in Taiwan by the Taiwanese Criminal Investigation Bureau last summer, have already been sentenced to 5 years in prison for their role in a massive ATM heist operation, involving 22 individuals from 6 countries.
The European-based cyber criminal gang used a variety of different hacking techniques to infect ATMs with malware and force them to dispense cash.
From there, the cyber crooks then located and hacked into the network of ATMs from the inside, and used a malicious software program to delete almost all traces of their activities.
However, three suspects have already been arrested convicted, one has been arrested by the Romanian National Police, and one arrest has been made by the Belarusian Central Office of the Investigative Committee.
Europol estimates the five arrested suspects caused damages to banks of around $3.2 Million, although in some cases,the stolen money was partially recovered from the criminals after the cashing-out.
The ruling three of them will be deported back to their home countries, when their jail terms will end.
Europol's European CyberCrime Centre (EC3) assisted the investigation by organizing operational meetings in Europe and Asia, providing analytical support, as well as analyzing the seized data and equipment.