German living in Cambodia charged with $2M bank fraud

Breaking news from Cambodia can be found here. CEO often finds Khmer news and translates it into English for our readers if it is interesting to expats, locals, Cambodians living abroad and anyone who wants to stay informed of the latest local and international news stories about Cambodia and our neighbors in South East Asia. There are many sources for Khmer news articles and they can all be found here in one place. Most of the media comes out of Phnom Penh, Siem Reap or Sihanoukville, but we cover national Cambodian news from all provinces.
User avatar
CEOCambodiaNews
Expatriate
Posts: 16262
Joined: Sun Oct 12, 2014 5:13 am
Reputation: 467
Location: CEO Newsroom in Phnom Penh, Cambodia
Contact:
Cambodia

German living in Cambodia charged with $2M bank fraud

Post by CEOCambodiaNews » Thu Feb 08, 2018 7:24 pm

8 February 2018
- A German court has charged a man with fraud for allegedly siphoning more than $2 million from private bank accounts while living in Cambodia.

In a joint statement on Wednesday, a prosecutor in Stuttgart and the Baden-Württemberg State Office of Criminal Investigation said the suspect, a German national, was arrested last April while returning from Cambodia to Munich. According to the statement, he had been conducting the fraud since February 2016. Due to German privacy laws, the document does not identify the alleged perpetrator. It also does not clarify when charges were filed.

He was accused of calling banks in Southern Germany pretending to be an account holder, and managed to gain access to others' accounts. In all, authorities said he made more than 500 fraudulent transactions.

Heffner said there was no cooperation between German and Cambodian authorities and that a German liaison officer based in the region had worked on the case. He declined to identify the banks that had been subject to fraud.
http://phnompenhpost.com/national/germa ... rged-fraud
Cambodia Expats Online: Bringing you breaking news from Cambodia before you read it anywhere else!

Have a story or an anonymous news tip for CEO? Need advertising? CONTACT US

Cambodia Expats Online is the most popular community in the country. JOIN TODAY

Follow CEO on social media:

Facebook
Twitter
YouTube
Google+
Instagram
  • Similar Topics
    Replies
    Views
    Last post

Who is online

Users browsing this forum: Anthony's Weiner, Bing [Bot], BTB, bussterr, Gilmore, Google [Bot], IraHayes, Joker Poker, logos, Majestic-12 [Bot], Mr Know It All, Ricky Shaw, simon43, STEVITO, Stuthesaint, taabarang, ushareuwin, WoWeeKang and 482 guests