Debit cards issued by NYC's summer youth job program tied to $17 M ATM fraud scam: sources.
The scam led to ATMS across the Big Apple being banged for big bucks from July 11-13.
The cash ended up in the wrong hands rather than kids and young adults in the Summer Youth Employment Program, officials said.
NYC-issued debit card were instead used to shell out $17 million to scammers over a three-day period earlier this month, sources said.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.