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Numerous individuals report unauthorized withdrawals from accounts at Føroya Banka in Føroyar

Tuesday 20th 2024 on 14:08 in  
Faroe Islands

In recent weeks, numerous individuals have reported unauthorized withdrawals from their bank accounts, directing funds to recipients they do not recognize.

These transactions involve small amounts of money being withdrawn multiple times.

Jenny Persson, an anti-money laundering officer and head of the administration department at Føroya Banka, addressed these concerns, emphasizing the need for vigilance among account holders. She noted that while the sums may seem insignificant, the repeated nature of the transactions can accumulate and lead to larger financial issues for unsuspecting customers.

Persson encourages clients to regularly monitor their accounts for any discrepancies and to report any suspicious activity immediately. The bank is currently investigating these incidents and is working to enhance security measures to prevent further unauthorized access to accounts.

This service disruption serves as a reminder for everyone to be proactive about their banking security, ensuring that personal information is safeguarded against potential fraud.

Source 
(via kvf.fo)