A megaton bank fraud was carried out by two brothers from Turkey, during which they embezzled 16 billion Turkish lira ($ 1 billion) from a private Turkish bank through a gap they found in the bank’s digital system.
According to the data collected, illegal money transfers, which amounted to a total profit equivalent to the profits recorded by the unnamed bank over a period of 1.5 years, took place between 26 and 28 February.
Authorities believe the money transfers were due to a digital software bug between the investment department and the bank’s deposit department and that no hacking attempt was made.
The bank realized very late the dramatic explosion of deposits in their accounts, as the historic operation took place over the weekend, but realized that something was wrong with the data.
Seeing the unusual transfers, the bank blocked the account, but could not predict what had happened until the brothers, Recep Gezek and Emre Gezek, were arrested by police, who suspected something after seeing them carrying heavy bags full of money. day noon.
After the smuggling, which is believed to be one of the biggest bank fraud attempts in history, the first thing the brothers did was buy two brand new cell phones. They also tried to buy a new luxury car.
The brothers then began to pay off the debts of their family members.