July 13, 2022
NCB employee arrested at bank in multi-million dollar fraud
KINGSTON, Jamaica— Police on Wednesday arrested a National Commercial Bank (NCB) employee in connection with a multi-million-dollar fraud at the bank.
The employee was arrested at the bank by police detectives and will be interviewed by investigators tomorrow.
The exact amount of money defrauded could not be ascertained but it is understood that it has run into millions.
Several OBSERVER ONLINE sources have confirmed the arrest but have declined to give any information.
It is alleged that the employee transferred money from several accounts at the bank to other accounts over which he had control and would withdraw money from those accounts.
The bank reportedly discovered the fraud and called in the police.