Reported about 1 year ago
A case where individuals fell victim to a scam through fraudulent text messages resulting in money transfer from their bank accounts. Despite reporting to the bank immediately, further transactions were executed during the confirmation process, prompting the individuals to seek compensation. The Financial Consumer Protection Center found fault on the bank's end, leading to the decision of compensating the victims. The incident highlights the importance of banks refining their procedures in handling fraud cases and providing timely assistance to prevent financial losses.
Source: YAHOO