Windhoek: The Namibian Police Force (NamPol) has initiated fraud investigations following the loss of N$99 940 by two unsuspecting bank clients due to unauthorised electronic banking and online retail transactions on Friday.

According to Namibia Press Agency, a weekend crime report on Sunday indicated that the police in Tsumeb are investigating a cyber breach that resulted in N$60 900 being withdrawn from a resident's First National Bank (FNB) account. The report states that the funds were fraudulently transferred in the early hours of Friday. A loan deposit was made into the complainant's FNB account on Thursday. At approximately 03h40 on Friday, he was notified via app that the funds had been moved to another FNB account without his consent.

The victim confirmed that he did not receive any suspicious phone calls, text messages, or requests for one-time passwords (OTPs) before the transaction. No arrests have been made, and the funds remain unrecovered as investigations continue.

In Katima Mulilo, at around 14h17, it is alleged that an unknown suspect used the bank card number of a 66-year-old male complainant to make an online purchase of N$39 040 without his consent. The suspect is still at large, and police investigations are ongoing.