Friday , July 19 2019
Home / africa / The Standard Bank official uses duplicate cards to steal R1.3m from the buyer

The Standard Bank official uses duplicate cards to steal R1.3m from the buyer



A 47-year-old bank employee at Limpop was scheduled to court Thursday after being arrested by Hawks' serious criminal unit.

The woman was arrested on Tuesday, after allegedly deceiving a bank client of 1.3m euros, Captain Matimba Maluleke said.

She is employed at Standard Bank in Musina, Limpopo.

Maluleke said the fraudster "allegedly executed an invasion of a client's bank account earlier this month and fraudulently transferred financial amounts to various fictitious accounts, from which its union colleagues would withdraw funds."

Hawk's research revealed that the consultant allegedly approved replicated bank cards with the valid PIN code on the victim's account. This allowed the plunder to appear as if the client made the transactions.

The suspect should appear at the court in Musin on Thursday and will probably face charges of money laundering and violations of the Electronic Communications Act and transactions.

"Additional arrests can not be excluded because investigations continue," Maluleke said.


Source link