Kazakh bank employee admits to embezzling $3,500 in loan fraud scheme
A bank employee in the Turkestan region of Kazakhstan has been accused of fraudulently accepting loans and embezzling a significant amount of money. The suspect, whose name has not been disclosed, has confessed to the crime and is currently in pretrial detention.
The employee, who was unemployed at the time of the offence, managed to secure a 1,500,000 tenge loan for a client. However, they also fraudulently obtained an additional 2,500,000 tenge in the client's name, keeping 1,000,000 tenge for themselves. This action led to the embezzlement of 1,000,000 tenge.
In a separate incident, the suspect also fraudulently obtained a 700,000 tenge loan in the name of another resident. The total amount involved in the fraudulent schemes is 1,700,000 tenge.
The case has been registered under Article 190 of Kazakhstanâs Criminal Code for fraud. The suspect's actions have resulted in a significant financial loss, and they are currently being held in pretrial detention pending further investigation and legal proceedings.
