Country
Kenya

Source
Article by Business Daily Africa

Title
Police probe 130 bank cyber fraud suspects

About
Dated Jan 2019| The Directorate of Criminal Investigations (DCI) issued arrest warrants for 130 people in connection with electronic fraud by hacking into commercial bank systems. Police sought the suspects a day after the Central Bank of Kenya (CBK) urged lenders to brace for risks technology poses to their operations, heightening fears about the rising cases of cybercrime in financial institutions. The DCI’s Economic Crimes Unit said in a notice in local dailies the suspects had engaged in banking fraud between last June and January this year and sought public help for their immediate arrest.

Key findings
Godfrey Simiyu Katiambo, a former Chase Bank client, whose account was frozen last year in June for receiving Sh150,000 from an anonymous source was among those DCI listed as suspects.

Website
https://www.businessdailyafrica.com/corporate/companies/Police-probe-130-bank-cyber-fraud-suspects/4003102-4958920-juq0i5z/index.html