The security forces have detained a contract employee of one of Ghana’s biggest banks [name withheld] for allegedly stealing close to GH1.2 million from client bank accounts.
He moved the specified amount from the various customers’ bank accounts in the bank branch in Osu in Accra over the course of two months.
He allegedly took money from the accounts of two deceased customers, a judge and a former Inspector General of Police.
What did he do with the cash?
He allegedly transferred some of the funds to his own account in another bank, the accounts of his 17 collaborators in various banks, and their mobile money accounts. He is also accused of using some of the funds to purchase an iPhone 14 Pro Max and a Toyota Camry.
He had intended to sneak away with his girlfriend to Dubai in the United Arab Emirates after purchasing an airline ticket.
On June 4, 2023, the security authorities acted quickly, laid a trail for him, and apprehended him at the Kotoka International Airport.
Arraigned
Emmanuel Sakyi Afriyie, 25, and a few of his accomplices were later brought before the court and held in detention. Nevertheless, bail has been granted for his conspirators.
Emmanuel is the only one facing additional charges of falsifying accounts and forging other documents, raising his total number of accusations against him to 13.
However, eleven more alleged accomplices are still at large.
He entered a not-guilty plea to the charges.
The situation is being looked into further by the police. On June 16, 2023, he must reappear in front of Ellen Ofei-Ayeh’s bench.
What was his secret?
The accused person is accused of carrying out the transactions using his boss’ password.
He allegedly discreetly recorded his employer using a mobile phone as she entered her password, and he later examined the clip to determine the password she was using.
He then transferred the funds from the customers’ accounts over the course of the next two months.
Facts
The complainant in this instance is the bank’s Head of Fraud Detection and Operations.
He claims that the defendant lives in Labone and that, up until May 2023, he was employed by the bank as a processing officer.
The accused was hired by the bank as a contract employee in the month of February 2022 and posted to the Osu branch as a Processing Officer. Among other things, this position’s responsibilities included helping customers with loan processing, T-bill processing, debit card processing, dormant account activation, and customer account maintenance.
The accused worked on numerous accounts as a result of the job description.
But sometime in February 2023, the accused signed up for an online coding course; the annual renewal price was US$174.30, which is equal to GH2,287.69.
On February 6, 2023, the accused used a Visa card belonging to a bank client to pay for the course rather than using his own money.
In order to prosecute the accused, the complainant and the bank’s Fraud team were compiling evidence, but the accused quickly moved to tender in his resignation letter, effective May 31, 2023.
The accused person’s suspected illegal transaction on the customer’s Visa card and the abrupt resignation raised the bank officials’ suspicions, leading them to look into him further.
The complaint and the fraud team, which was made up of IT specialists from the bank, discovered that on April 20, 2023, the accused changed the contact number on another customer’s accounts through his own scheme.
In order to gain access to the same client’s account, the accused set up personal internet and mobile banking access on April 21, 2023, using his own User ID and password. As a result, he got access to the account and began using it without the victim customer receiving an SMS alert.
Consequently, the accused, who had complete access to the aforementioned account from April 21 to May 12, 2023, defraudedly transferred a total of GH945,133.00, including charges from the accounts, to a number of individuals.
He first transferred GH90,000.00 to the girlfriend of another accused person, GH180,000.00 to another’s account, GH30,000.00 along with additional transfers in tranches of GH30,000.00 on various dates throughout the aforementioned time to the accounts of other accused people in various banks.
He changed and authorized the contact numbers for eleven customers’ accounts on May 9, 2023, between 7:21 and 7:32am, including the accounts of the deceased judge and the former IGP, who is also deceased, and other customers, and replaced them with just one contact phone number. He did this by using the Users IDs of another colleague and the branch manager.
The accused took eleven minutes to complete these steps, the prosecutor testified, and on May 10, 2023, he used his own User ID to set up online and mobile banking for these accounts.
He moved GH50,000.00 in tranches to other accounts on May 11, 2023, and did it again the following day.
In their respective investigative cautioned statements, the receivers who received those transfers claimed that the accused visited their stores to buy an iPhone 14 Pro Max, asked for their bank account information, and was given that information so that he could transfer the funds into their accounts.
He was detained by the police on May 12, 2023, in connection with the theft of a Visa card, and was given police enquiry bail to be forthcoming.
On May 15, 2023, the complainant filed a petition with the Director General of CID regarding a theft worth GHC 1,207,017 that was discovered in connection with the Visa Card case.
It’s interesting that when asked to report himself to the police, he declined to appear, and attempts to get his surety to produce him also failed.
Arrest
The accused attempted to flee the country to Dubai on June 4, 2023, with the help of his girlfriend, who served as his surety. However, the Ghana Immigration Service detained him at the Kotoka International Airport and turned him over to the police.
The inquiry has thus far shown that between April and May 2023, the accused and his conspirators took GH1,209,304.69 in total from the various clients’ accounts.
The authorities are still looking into the case in order to find and apprehend all of the other suspects as well as the stolen property.
source: graphiconline
