23
Jan
Martin Endjala The First National Bank of Namibia (FNB) has reported losing over N$4 million to fraud, with just under N$1 million successfully recovered for affected clients. This was revealed by FNB’s chief risk officer, Johan Du Plessis, during a media briefing held in Windhoek. “Between November and December 2024, FNB reported and investigated 103 fraud incidents. This represents less than 1% of the customer base impacted by fraud,” he said. One recent case involved a 60-year-old pensioner from the Omusati region, who was defrauded of N$1.1 million by an unknown suspect. The suspect gained access to her account and…