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UAE launches probe of ATM fraud
- United Arab Emirates: Monday, October 06 - 2008 at 10:26
The Central Bank of the UAE has launched a probe into the ATM fraud that may involve tens of millions of dirhams and continues to affect ATM and credit card users almost a month after the first reports of problems, reported The National. The Central Bank summoned officials from an unknown number of banks to a meeting on Sept 25 in Dubai, where they were informed of the investigation and told to give information to government investigators. Several banks have indicated that they also will make refunds to customers who have lost money from their accounts.
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