Nedbank tellers steal depositors’ US$1,1 million and replace it with RTGS$1,1 million (SEE NAMES)

A massive scandal has rocked Nedbank Zimbabwe — a local unit of one of South Africa’s largest financial services groups — after 28 employees were nabbed by police for allegedly swindling the financial institution of over US$1,1 million through an elaborate scheme of swopping depositors’ US-dollar bank balances with electronic money (RTGS). Some of the […]