Bulgarian tourist convicted of using fake credit cards to withdraw money from ATMs

A Bulgarian tourist who was accused of using fake credit cards to withdraw money from several ATMs was convicted yesterday, reports Eleven.

The offender, Milen Atanasov, was arrested in December of last year.

Yesterday, the Kamaryut Township Court sentenced him to a maximum total of five and a half years in prison: three years under Section 380 of the Myanmar Penal Code, one year under Section 465, six months under Section 1 (1) of the Immigration Act, and a fine of MMK5 million or one year in prison under Section 34 (a) of the Electronic Transactions Law.

Of the approximately K49 milion of the money that was seized from Atanasov, K36 million will be returned to Kanbawza Bank. The state will take the remaining K13 million.

Unsurprisingly, all of Atanasov’s fake cards were destroyed by the state.

“We’ve taken the year he spent in prison into account [in terms of his sentence]. The Eletronic Transactions charge is actually a fine, but if he doesn’t pay the fine, he’ll be imprisoned. He still hasn’t said whether or not he’ll pay it,” an official from the Kamayut police station told Eleven.

He also said that Atanasov has filed for an appeals with a higher court.

Last year, authorities became suspicious after Atanasov withdrew a combined K1.8 million at the ATMs at Hledan Center and Sein Gay Har in Yangon’s Kamaryut township.

Police then tracked down Atanasov to the City Star hotel in Kyauktada. In addition to the arrest, they also confiscated several mobile phones, cash — in Kyats and British Pounds — and 308 fake credit cards that were in Atanasov’s possession.

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