Dutch bank fraud nets millions

20th December 2010, Comments 0 comments


Over the last month, 13 people have been arrested as a result of a major police investigation into a fraud committed against a Dutch bank. The scam, in which the bank’s systems were manipulated, is reported to have enabled the suspects to transfer 5.6 million euros from the bank to the account of a man from Wageningen in the east of the Netherlands.

The money was then channelled to bank accounts abroad. The police have so far managed to retrieve around two million euros, but the rest of the money cannot be located. The name of the Dutch bank concerned has not been released.



© Radio Netherlands Worldwide

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