Was TikTok Behind New York’s Latest ₹147 Crore ATM Financial Scam?

A massive financial fraud has rocked New York, with scammers stealing over ₹147 crore ($17 million) from ATM machines across the city using cards issued through a youth jobs program. The scam ran from July 11 to 14, targeting around 30,000 cards given to unbanked individuals aged 14–24.Reports suggest TikTok videos may have encouraged the misuse, with stolen cards reportedly being sold for as much as ₹86,000 ($1,000) each. Withdrawals ranged up to ₹37 lakh ($43,000) from a single ATM.📌 Key Highlights:₹147 crore stolen in 3 days using job program cardsOver 30,000 city-issued cards compromisedWithdrawals between ₹8.6 lakh to ₹37 lakh per ATMSuspected TikTok involvement in promoting scamCard black market emerged on social platformsCity confirms no taxpayer funds were stolen#ATMScam #TikTokFraud #NYFinancialFraud #CyberCrimeNews #CyberPlatter #YouthCardScam #DigitalCrime