wazua Sat, May 9, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages123>»
Banks losing millions to fraudsters
Options
Previous Topic · Next Topic
mawinder
#1 Posted : Thursday, December 06, 2012 7:27:08 PM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
Reading through today's daily nation,an advocate was charged with stealing 50 m from ekwetee and some 3 other guyz were charged with stealing 100m from coop.seems this is the new trend of robberies.any wazuan with ideas on how the crime is perpetrated?
Back to top
  |
kamundu
#2 Posted : Thursday, December 06, 2012 7:36:18 PM
Rank: Member

Joined: 5/9/2011
Posts: 786
Location: Mashinani
The problem with our generation is that we want to live in Runda and have a chopper yesterday. No one wants to work hard and wait. Hence this mad rush, or rat race.
Peace in our Homeland.
Back to top
  |
kamundu
#3 Posted : Thursday, December 06, 2012 7:38:21 PM
Rank: Member

Joined: 5/9/2011
Posts: 786
Location: Mashinani
The problem with our generation is that we want to live in Runda and have a chopper yesterday. No one wants to work hard and wait. Hence this mad rush, or rat race. Bora nitajirike
Peace in our Homeland.
Back to top
  |
keraka
#4 Posted : Thursday, December 06, 2012 7:43:49 PM
Rank: Member

Joined: 2/24/2010
Posts: 637
Location: Nairobi
That is what just leaks to the media.The figures if you are told are mind boggling and infact can cause a run on banks hence collapse.Ask your self do you wonder which business some pple do to enable them put up multiple apartments without taking loans.You read me.
The only thing necessary for the triumph of evil is for good men to do nothing.
Back to top
  |
InnovateGuy
#5 Posted : Thursday, December 06, 2012 8:01:22 PM
Rank: Veteran

Joined: 11/15/2012
Posts: 1,110
Banks rarely expose this kind of fraud.

Heard that years ago, Equity lost huge sums to some guy(Chief IT admin) who was in charge of their servers. The guy had tweaked their software such that 50 cents would be wired to his account for every transaction. Guy made enough dough, did not renew his contract, sought UK citizenship, then went AWOL.

I could be wrong.
Live Full Die Empty - Les Brown.
Back to top
  |
essyk
#6 Posted : Thursday, December 06, 2012 8:44:47 PM
Rank: Elder

Joined: 11/15/2011
Posts: 4,518
A friend in the bank told me that Bankers favorite read is the 'departed column'
once u exit they quickly adjust ur account.
Sad
"The true measure of a man is how he treats someone who can do him absolutely no good.
Back to top
  |
wazuaguest
#7 Posted : Thursday, December 06, 2012 9:05:00 PM
Rank: Member

Joined: 2/9/2012
Posts: 576
for every transaction that happens in the banks it must be verified.for cash reserves there must be dual custodians. fraud happens when rules are relaxed,a fellow will observe keenly and then strike.This people walk freely with the loot hire a lawyer and invest the rest.
Africa belongs to Africans.
Back to top
  |
dunkang
#8 Posted : Thursday, December 06, 2012 9:05:14 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
i remember sometime watching news about an old woman from shagz who wanted to commit suicide outside KENCOM after 200k disappeared from her KCB A/C.

Its very sad indeed.
Receive with simplicity everything that happens to you.” ― Rashi

Back to top
  |
nakujua
#9 Posted : Thursday, December 06, 2012 9:18:48 PM
Rank: Elder

Joined: 12/17/2009
Posts: 3,583
Location: Kenya
InnovateGuy wrote:
Banks rarely expose this kind of fraud.

Heard that years ago, Equity lost huge sums to some guy(Chief IT admin) who was in charge of their servers. The guy had tweaked their software such that 50 cents would be wired to his account for every transaction. Guy made enough dough, did not renew his contract, sought UK citizenship, then went AWOL.

I could be wrong.


the guy was sacked, and account frozen, he changed some columns and forgot the muhindi who made the system logs stuff in a multitude of places and so akashikwa.
it din't go well for him as far as I know
Back to top
  |
Lolest!
#10 Posted : Thursday, December 06, 2012 9:47:22 PM
Rank: Elder

Joined: 3/18/2011
Posts: 12,069
Location: Kianjokoma
mawinder wrote:
Reading through today's daily nation,an advocate was charged with stealing 50 m from ekwetee and some 3 other guyz were charged with stealing 100m from coop.seems this is the new trend of robberies.any wazuan with ideas on how the crime is perpetrated?

Laughing out loudly smile Applause d'oh! Sad Drool Liar Shame on you Pray
Back to top
  |
5 Pages123>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Club SK Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.