Egyptian Authorities Arrest Duo in Minya for Bank Impersonation Fraud

MINYA, Egypt – Egyptian authorities in Minya have arrested two individuals on charges of defrauding citizens by impersonating bank employees, obtaining electronic payment card data, and illicitly seizing funds.

Investigations by the Anti-Money Laundering and Organized Crime Sector, in coordination with relevant ministry agencies, confirmed the activities of the two suspects. Both individuals, who have prior criminal records and reside within the Al-Adwa police station jurisdiction in Minya, allegedly targeted citizens by posing as bank customer service representatives.

The duo reportedly requested victims to update their bank details, misleading them with promises of assistance in securing loans, grants, or financial aid. Through this scheme, they managed to acquire sensitive electronic payment card information and subsequently steal money from their victims.

Following legal procedures, police apprehended the two suspects. Officers found a sum of money, believed to be proceeds from their criminal activities, along with four mobile phones. Examination of the devices revealed evidence substantiating their illicit operations.

When confronted, the suspects confessed to their criminal activities, admitting to committing seven similar incidents using the same fraudulent methods. The Central Bank of Egypt regularly issues warnings about financial scams and advises citizens to protect their banking information.