Four people were indicted Tuesday for their involvement in a $700,000 ATM fraud, authorities say.

According to the Brooklyn District Attorney's Office, the suspects emptied their bank accounts, reported their debit cards stolen, then had their banks replace the money before emptying their accounts again.

Rackets Division Chief Michael Vecchione says the alleged scam became apparent after a bank began investigating one of its customers and contacted other banks in Brooklyn and Manhattan.

Officials say the suspects have been charged with grand larceny, attempted grand larceny and falsifying official documents.