Mozambique’s National Criminal Investigation Service (SERNIC) has arrested two Ghanaian nationals over alleged involvement in an electronic and banking fraud scheme, according to a report shared by Mozambican news platform Club of Mozambique.
The two suspects, aged 34 and 40, were reportedly arrested in Chimoio, the capital of Manica Province in central Mozambique.
Authorities allegedly found the suspects in possession of five Point of Sale (POS) terminals, 49 bank cards and four mobile phones, which investigators believe may have been used to facilitate illegal financial transactions and money transfers.
SERNIC Investigates Alleged Banking Fraud
Speaking to journalists, Paulo Candieiro, the SERNIC spokesperson for Manica Province, said the bank cards seized from the suspects were linked to foreign financial institutions.
The discovery has raised concerns that the suspects may have been using the POS terminals and bank cards to conduct fraudulent transactions and potentially transfer funds outside Mozambique.
According to Candieiro, the investigation is ongoing as authorities work to establish the source of the bank cards and electronic devices and determine how they were allegedly used.
He explained that investigators are also trying to establish whether other individuals were involved in the suspected financial crime network.
Further Investigations Underway
SERNIC officials said they are examining the methods allegedly used to execute the transactions and are working to identify any additional suspects connected to the operation.
Authorities have indicated that anyone found to have participated in the alleged electronic fraud scheme could face legal action under Mozambique’s laws.
The arrest of the two Ghanaian nationals highlights ongoing concerns over cross-border financial crime, electronic fraud, illegal money transfers and the misuse of banking technology in the region.
Investigations are expected to continue as Mozambican authorities trace the origin of the seized bank cards and devices and determine the full extent of the alleged fraud operation.
Source: newsthemegh.com