BANKS ON TRIAL: POLICE ARRESTS FRAUDSTERS WHO ARE TARGETING PEOPLE ‘S BANK ACCOUNTS AND STEALING BILLIONS
The police have arrested 9 out of the 12 suspects who allegedly stole USD 1.8 million about Ug.shs6bn from the Nile Energy Company Limited bank account in Stanbic bank branches at Garden City and Freedom City. This after another case of a woman who had Ug.shs. 45M wiped off her bank account at equity bank.
Impeccable sources in the banking industry have told ugandaupdatenews.com that fraudsters some working with the help of employees in various banks have stolen huge sums of money from people’s accounts . the fraudsters target dormant accounts and people who are using E-banking for transactions of their phones . ” People should be extremely careful with their passwords especially on their phones because the fraudsters are targeting online banking ,” a source in the banking industry stated .
Now, Police Spokesman , Fred Enanga has said that the arrested suspects opened up 3 other accounts where they illegally made deposits.
“The suspects in conspiracy with selected Stanbic Bank staff both at Garden City and Freedom City branches compromised the account of Nile Energy and effected transactions in Inter Account Transfers (IAT) and made with draws using 3 accounts that included; Account Number 9030012835107 in the names of Dixon Kagurusi Ampumuza; Account Number 9030021572615 in the names of Petrom Limited and Account Number 9030018628871 in the names of Femane Investments Co. Ltd,” Enanga’s statement reads in part.
Police have urged bankers and customers to strengthen measures to protect customer deposits in the face of increasing cybercrimes.
- USA Vice President Kamala Harris Pledges $100m to West Africa Nations fight Extremist Threat - March 29, 2023
- Reclaiming Al Shabaab’s Revenue - March 29, 2023
- 23 injured as two buses collide in Ntungamo - March 29, 2023