Thursday, December 9, 2021

Zimbabwe: Nedbank Mutare Branch Bank Tellers in U.S.$80,000 Fraud

-

Three Nedbank Zimbabwe employees stationed at a bank branch here Thursday appeared before a Mutare magistrates’ court facing charges of swapping depositors US dollar bank balances with electronic money (RTGS).

The suspects, Stella Nyabadza, Yuhzel Mumba and Stanley Mabiza reportedly prejudiced the bank of more than US$80 000.

- Advertisement -

The trio appeared before magistrate Lazarus Murendo facing fraud charges.

They pleaded not guilty and were remanded to 15 April on bail.

Prosecutor Brighton Shamu told the court that between October 15, 2018, to March 9, 2019, at Nedbank Mutare, Nyabadza, Mumba and Mabiza used the bank’s denomination exchange platform which is designed for exchange of similar currencies only, to exchange different currencies.

- Advertisement -

Nyabadza stole US$76809, Mumba took US$7698 and Mabiza had taken US$1218.

NEWSLETTER

Get our daily notification on the latest financial crimes news around the World

MUST READ

Advertisement
Advertisement
Advertisement

This Week