Massive Card Fraud Scandal Rocks Equity Bank
In a startling twist of fate, Equity Bank, a renowned microfinance institution in Kenya’s financial sphere, finds itself entangled in a perplexing conundrum. A staggering sum of Ksh 179,677,736 has been illicitly disbursed from the bank’s MasterCard incoming GL to the accounts of 551 Equity Bank customers. The saga commenced on April 15, 2024, when…