Banking fraud in Nepal : Millions of Nepalese rupees were stolen from expired ATM

Jul Tue 2021 12:32:38

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Banking fraud in Nepal : Millions of Nepalese  rupees were stolen from expired ATM

The security system of the banks has been weakened and questions have been raised time and again. Banks have stopped finding millions of rupees stolen from expired ATMs in a single day.

This is an ATM card of a UK bank. The ATM has expired two months ago. How do you get money from another country's ATM that is out of date? It is impossible to think quickly. But expired and foreign ATMs have withdrawn Rs 3.4 million from Nepal's banks.

Jagat Bahadur Gurung is the person who withdraws money in this way. Surprisingly, he used the same ATM 67 times in one day and withdrew up to Rs 800,000.

Jagat and his wife have been arrested after the investigation. Rs 2.1 million has also been recovered. But what about the security system of a bank that cannot be detected even after using expired ATM 67 times in one day? The question is serious.

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