Staff writer, with CNAThree foreigners convicted in the theft last year of more than NT$83.27 million (US$2.76 million at the current exchange rate) from First Bank Co automated teller machines (ATMs) yesterday had their sentences reduced on appeal to the Taiwan High Court. In a statement, the High Court suggested an amendment to the law to increase the penalties for online crimes, which it said were ever-changing in terms of the skills and technologies used. The theft came to light when members of the public in Taipei alerted police after seeing two people collect cash from an ATM in the middle of the night. The people who made the withdrawals left the country, after which Peregudovs, Colibaba and Penkov flew to Taiwan to recover the money and smuggle it out. Police recovered more than NT$77 million of the stolen cash, but nearly NT$5.79 million is still missing.

Source: Taipei Times May 18, 2017 16:13 UTC