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Thursday
Nov112010

New Law Makes ATM Theft A Crime

DateThursday, November 11, 2010 at 8:33AM by AuthorBanking Spectrum


On August 30, 2010, Governor Paterson signed S5536-A, which became Chapter 464 of the laws of 2010.  The law amends Penal Law sections 155.35 and 155.43 to make it a crime to steal an ATM or its contents.

The crime is classified as grand larceny in the 3rd degree, a Class D felony.

If a person steals an ATM or its contents and has been previously convicted of grand larceny in the 3rd degree within the previous five years, such crime is classified as aggravated grand larceny, a Class C felony.

For additional information on ATMs see Automatic Teller Machines.

The Penal Law changes became effective on November 1, 2010.
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