| 21 February 2024, Wednesday |

A Lebanese Bank embezzles depositors’ funds right under their nose!

In one of his articles, journalist Radwan Mortada exposed a significant theft by a bank branch manager for the branch’s bank accounts. The operation’s facts were exposed after one of the depositors noticed a withdrawal activity in his account, as well as his wife’s and mother’s, and the total amount taken from the three accounts was two million dollars.

So, what happened, exactly? Have the funds that were misused been recovered?

So it’s been three months since the theft of millions of dollars was discovered, and the holders of the stolen money accounts still haven’t been reassured about their money’s destiny. The major concern here is, in light of Lebanon’s banking turmoil, are there any other fraud operations carried out at other banks that have yet to be revealed?

  • Sawt Beirut International