Bank customers who fell victim to fraudsters in 3 months lose N472m

The Financial Institution Training Centre (FITC) has disclosed the losses of bank customers to fraud in the first three months of the year 2023.

The FITC contains members related to the Nigeria Bankers Committee ranging from the Central Bank of Nigeria, the Nigerian Deposit Insurance Corporation, and every licensed bank in the country.

According to their reports, they have been 12,552 cases under review of customers in banks being scammed of their money.

READ ALSO: “I asked for a loan from bank”: Man divorces wife for refusing to stand as a guarantor

A total of this said money is disclosed to be N472 million which only covers the first three months of the year.

Despite the magnitude of the money, it has been revealed that it isn’t as bad as that of last year, where the first three months had fraud cases of 14,609.

It was also disclosed that mobile fraud comprised 34.07% at N161 million, then computer/web fraud accounted for 27.69% at N130 million, and lastly, fraudulent withdrawals represented 24.72% at N116 million.

From the statistic above, it is safe to say that most customers are being scammed on their mobile phones which then elicit a strong warning and reminder that the details of one should be well secured and should not be privy to these scammers.

READ ALSO: Better cash out: Court awards N3 billion in damages against Zenith Bank over illegal restriction on customers’ account

“Abeg wetin bank won use my social media handle do?” – Sabinus queries amidst CBN’s new directive

Meanwhile, popular Nigerian comedian, Sabinus also known as Mr Funny caused a buzz in the social space following his question.

The well-known skit maker and actor took to his Instagram page several pictures of himself and asked why banks needed his social media handle.

Recall that the Central Bank of Nigeria made headlines yesterday after they instructed banks to start collecting customers’ social media handles as part of their ‘know your customer procedure’ (KYC).

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