3 men paid to maintain ATMs charged with looting them instead
By MITCH DUDEK Staff Reporter September 25, 2013 7:36PM
Updated: September 25, 2013 10:36PM
They were paid to maintain hundreds of automated teller machines, but the feds say three South Side men instead used them as their personal piggy banks.
Joseph Cabello, 41, of Canaryville; Thomas O’Malley, 42, of McKinley Park, and James Carlson, 45, of Beverly, were charged with wire fraud.
The men ran ATS Uptime, Inc., which was hired by 13 companies to maintain and stock about 800 ATMs in the city and suburbs, according a federal complaint filed Tuesday.
Between 2005 and 2012 the men allegedly stole about $1.3 million and shuffled funds from client to client and ATM to ATM to cover their steps.
“Sort of like a Ponzi scheme,” said Randall Samborn, spokesman for the U.S. Attorney’s office.
The trio doctored balance sheets to evade detection, according to the complaint.
The men, who were not arrested, were scheduled to be in court Oct. 2 before federal Judge Ronald A. Guzman.
Samborn would not say what sparked the investigation, but noted that the FBI handled the case.
All three could face 20 years in prison or fines up to $2.6 million if convicted, Samborn said.
Attorneys for the men could not be reached and a phone number for their business, at 412 N. Oakley, was not working Wednesday evening.