The “Money Printing” Glitch That Turned a NYC Youth Program Into a $17M ATM Free-for-All

A multi-million-dollar ATM withdrawal fraud linked to New York City’s Summer Youth Employment Program (SYEP) has raised urgent concerns about the security of public benefit systems.  According to a New York Times report, approximately $17 million was illicitly withdrawn across the city between July 11 and July 14 using payment cards issued to the program’s […] The post The “Money Printing” Glitch That Turned a NYC Youth Program Into a $17M ATM Free-for-All appeared first on Coin Edition.