As we all know, digitization is the way to go these days, and in an era of growing electronic transfers, cases of bank account frauds have skyrocketed. Unapproved transactions are taking place unlawfully. Internet scams, cyber fraud, or fraudulent transactions are all terms used to describe it. As we all understand, digitization is the way to go these days, and in an era of growing electronic transfers, cases of bank account fraud have skyrocketed. Unapproved transactions are taking place unlawfully. Internet scams, cyber fraud, or fraudulent transactions are all terms used to describe it. Hackers obtain the account information and withdraw cash from it. However, even after experiencing a loss, people tend to remain silent since they are unsure what can be done. However, it is vital to comprehend that if such situations occur, we are entitled to a return policy.
An event of a similar kind happened in Turkey. The security forces inquiry in Turkey found two brothers; Recep Gezek and his elder brother, Emre Gezek, who worked at a filling station, were using the same account they had initiated at a banking company, as per a police investigation. Emre Gezek discovered a fault in the bank’s computerized system one day and moved 16 billion liras from a bank’s investment account to their account through the use of 70 transactions. “We didn’t have any money in our account.” I decided to take a look at the capital account. There was a tab that said ‘withdraw cash.’ “New amounts of cash were moved to our bank statement with each of my clicks,” the elder brother admitted during his first witness statements. “Then we noticed there was about 16 billion in our account.”
The brothers began by buying brand-new mobile phones for themselves. The other one was trying to transfer “hundreds of thousands of dollars” to purchase a new luxury vehicle. As per the police report, the brothers then began repaying their family members’ debts. “We also told people in the nearby neighborhoods to come to us if they had any debts,” the elder brother explained. The overall sum of debts cleared is uncertain. However, the younger brother stated that they were not “malicious.” “If my brother and I were morally corrupt, we’d flee the country with the money.” But we didn’t,” he pointed out.
Taking it a step even further, his elder brother claimed that they did not “trick anyone at all” and that the bank “did not remove their account.” “We were planning on donating the money to the government,” he explained.