Police believe Dennis Woods, a.k.a. Dennis Boyce, of South Philadelphia, and several accomplices are responsible for a rash of burglaries since early May.
The reward was offered following the burglary of Wells Fargo ATM at the Eastwick Avenue location.
Still photographs from a Wells Fargo Bank branch on Rising Sun Avenue show the thieves using a torch on the ATM.
Police say Woods and as many as 5 accomplices are responsible for at least 10 burglaries or ATM break-ins.
The crew has successfully broken into only two of the ATMs, but allegedly got away with tens of thousands of dollars.
A task force has been created to take down the criminal ring.