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Steinberg, Duffie of Fidelity ATM charged in connection with alleged ATM scam
May 3, 2009
South Florida Business Journal: Two South Florida men have been charged with operating a fraudulent ATM business called Fidelity ATM, according to the U.S. Department of Justice. The indictment, returned by a Miami federal grand jury this week alleges that Andrew Steinberg, 39, of Lake Worth, Stephen Duffie, 32, of Miramar, and their co-conspirators fraudulently marketed and sold business opportunities nationwide under the name Fidelity ATM. The group allegedly told customers that for an investment of $30,000 or more they would receive ATMs that would be installed in high-traffic locations. Instead, the customers claimed that they were seeing low transaction levels at unprofitable locations.
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