The days of brute strength being used to break into ATMs are all but over. The best one can conclude is that the overall rate of ATM-related crime is somewhere between one per 1 million and one per 3.5 million transactions, suggesting that such crime is relatively rare. With a top-of-the-line ATM and ample security measures in place, it’s quite difficult for a thief to break-in and steal money from an ATM. Thieves can still cause damage to the machine, but it’s far more difficult to actually gain access to the vault or cabinet where the money is held. However it can also be a bad choice if you make bad decisions. Owning ATMs can potentially be a good business as they can create a relatively passive income stream (work a couple of hours a week) and can be run from home (low overhead). In this case, breaking into an ATM could potentially be considered bank robbery, as the attempted theft occurred from a bank. A person can be charged with both crimes regarding a single incident because they concentrate on separate acts committed during the event.Īlthough an ATM is an apparatus which is designed to deposit and dispense money, it is often operated by or even housed on the premises of banks. The two most likely charges will be criminal theft and criminal damage. If you are caught stealing cash from an ATM machine you can be charged with multiple crimes. Once a location is chosen, the machine is bolted to the ground using 16,000-pound (7,257 kg) bolts. Are ATMs bolted to the ground?ĪTMs need to be in close proximity to both phone and power outlets and are best installed in a well-ventilated area, preferably with air conditioning, to help the machine run at its best. A used/refurbished ATM machine can be purchased starting at about $500. A built-in/through-the-wall ATM machine costs roughly $5,000 to $10,000 and up. A freestanding ATM machine costs approximately $3,500 to $7,000 and up. Generally, ATM machines cost anywhere from around $1,000 up to $25,000 or more. 7 Do you need to program a prineta ATM?.1 How much does it cost to install an ATM?.
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