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Equity bank on spot over customers being defrauded

Equity Bank one of successful bank in Kenya has been put on limelite over its clients losing money in unclear circumstances.

There has been an outcry by the banks clients in the country over an authorized persons transacting business using their ATM cards without their concert that has led them losing money.

The recent concern are of KTN journalist George Maringa who lost
USD148.99 after suspected fraudsters used his card to conduct an ilegal transaction in the bank.

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According to KahawaTungu someone got access to Maringa ATM details before making an online transaction through AliExpress, an online shop.

“He received a message from Equity Bank notifying him of the transaction on Saturday Morning at around 3.37 am, showing that the transaction was conducted at midnight.” Kahawa posted.

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1 COMMENTS

  1. I am interested in knowing whether these funds were refunded by Equity Bank. It seems that there are so many victims outside there and i do not understand why the management is working on expanding the operations of this bank rather than tightening its security systems. I hope this speedy expansion procedures will not be the source of its downfall. You only understand the pain of losing the funds when you are a victim.

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