$4Million Stolen from Zambian Banks

{{Over $4Million has been stolen from different commercial banks in Zambia via Automated Teller Machines (ATM) from January 2013, local media reported on Friday.}}

The theft scheme was unearthed by Zambia Police which said the thefts involve three foreign criminals who have since “recruited and trained” Zambians in cyber-crime.

“So far about $4milion has already been stolen from different banks through ATM withdrawals, “Police Deputy Inspector General Solomon Jere is quoted as saying by a privately owned daily, The Post.

Police also expressed worry criminals may also take advantage of upcoming events such as the International Trade Fair in Ndola City north of the capital Lusaka and the Lusaka Agriculture and Commercial show.

The move could be a security scare ahead of the United Nations World Tourism Organisation (UNWTO) General Assembly to be co-hosted by Zambia and Zimbabwe in August.

Police said it has recorded about 200 cases involving cybercrimes affecting banks in the last six months.

{Agencies}