In Dnipropetrovsk Oblast, bankers embezzled nearly 2 million hryvnias from customer accounts: how the scheme worked
3 April 04:15
In the Dnipropetrovsk region, law enforcement officials have uncovered a group of bank employees suspected of embezzling approximately 1.8 million hryvnias from customer accounts. According to the National Police, the head of one of the bank’s branches and his deputy were involved in organizing the scheme. This was reported by the National Police, as reported by "Komersant Ukrainian"
The investigation established that the suspects had access to customer databases and selected inactive accounts. Among them were accounts belonging to citizens from temporarily occupied territories, people residing abroad, as well as deceased depositors, whose funds were to be reimbursed through the Deposit Guarantee Fund for Individuals.
How the scheme worked
According to law enforcement, the scheme’s participants prepared fraudulent documents to claim compensation payments. Afterward, the money was transferred to accounts they controlled, then withdrawn in cash and divided among themselves.
The Dnipropetrovsk Regional Prosecutor’s Office specifies that the branch director provided other participants with information about the bank’s clients, including details about deposit accounts.
According to police, the scheme operated in 2023–2024, and the amount of illegally appropriated funds totaled approximately 1.8 million UAH. This money belonged to the Deposit Guarantee Fund for Individuals—a state institution that reimburses depositors in the event of a bank’s liquidation.
What is known about the suspects and their punishment
The police report that the pre-trial investigation into one of the suspects, who is currently in custody, has already been completed. An indictment has been filed with the court under Part 5 of Article 191 of the Criminal Code of Ukraine and Part 3 of Article 362 of the Criminal Code of Ukraine.
The charges involve embezzlement on an especially large scale and unauthorized actions involving information in automated systems. These charges carry a potential sentence of up to 12 years in prison with confiscation of property.
The case materials regarding another participant in the scheme have been separated into a separate criminal proceeding.
