An expat resident in the Kingdom was shocked after coming to know that BD53,000 has gone missing from his bank account.
The victim of bank fraud, a Pakistani national, said he realized he was defrauded after coming back to Bahrain spending a one-and-a-half month in his home country.
The joint bank account is also accessed by his wife, whom he confirms doesn’t conduct any transactions without his knowledge.
A probe has been launched after the victim filed a complaint. Initial investigations revealed that the fraudster had used a forged signature and fraudulent documents to commit the crime.
The bank informed the victim that an employee could be responsible for the act as they are unable to locate him since the incident was reported.
Many banking fraud cases are being reported, of late, across the region.