February 4, 2026
The police exposed a group that defrauded banks of more than ₴13 million through POS terminals thumbnail
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The police exposed a group that defrauded banks of more than ₴13 million through POS terminals

Law enforcement officers exposed an organized criminal group that in 2023-2024 fraudulently took over the funds of two banking institutions in the amount of more than 13 million hryvnias. This was reported by the National Police and the Office of the Prosecutor General. According to the investigation, the attackers carried out fictitious payment operations: they registered companies under fictitious persons, received acquiring POS terminals and made cashless payments for non-existent goods, and”, — write on: ua.news

Law enforcement officers exposed an organized criminal group that in 2023-2024 fraudulently took over the funds of two banking institutions in the amount of more than 13 million hryvnias.

This was reported by the National Police and the Office of the Prosecutor General.

According to the investigation, the perpetrators carried out fictitious payment operations: registered companies on fictitious persons, received acquiring POS terminals and carried out cashless payments for non-existent goods, as well as “refund” operations. Due to the features of automatic transaction processing, refunds were compensated at the expense of banks, which allowed fraudsters to receive money illegally.

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In the future, the stolen funds were legalized through cryptocurrency, in particular with the help of P2P operations on crypto exchanges.

The group consisted of four people: the organizer and three performers. One was engaged in the registration of fictitious FOPs and the design of POS terminals, the others in the selection of “drops” and withdrawal of funds.

As part of the investigation, the law enforcement officers conducted more than thirty searches in the residences and vehicles of the persons involved. About 30 mobile phones, 15 laptops, dozens of bank cards, as well as money in foreign currency in the amount of approximately 30 thousand dollars were seized.

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The organizer and three performers were informed of suspicion of fraud and legalization of property obtained through criminal means. Sanctions of the Criminal Code of Ukraine provide up to 12 years of imprisonment with confiscation of property and restriction of the right to hold certain positions or engage in activities for up to three years.

The pre-trial investigation is ongoing, the issue of the suspect’s selection of preventive measures is being resolved.

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