Suspect Arrested After ISK 160 Million Fraud at Arion Bank

An arrest has been made in Romania following a fraud case involving approximately ISK 160 million taken from Arion Bank in late April. As reported by mbl.is, the bank identified the issue internally before reporting it to authorities. What’s the Story? ISK 160 million fraudulently transferred from Arion Bank by exploiting system flaw 33-year-old suspect… The post Suspect Arrested After ISK 160 Million Fraud at Arion Bank appeared first on Iceland Review.

By Michael Chapman