CRIME | Mainland bank to pay RMB3.47 million to a local resident

The Zhuhai City Intermediate People’s Court has ruled that a mainland bank has to pay RMB3.47 million to a Macau resident, following the actions of a third party who had fraudulently used his bank card.
On Wednesday, the Court revealed that the bank that issued the card was unable to present plausible evidence in order to attest to the male victim, surnamed Hu, being responsible for what had happened. The bank believed that Hu had not secured his password carefully enough due to the abnormal nature of the transactions.
The complainant applied for his debit card in Zhuhai in 2007. Later, in 2014, he received five messages from the bank saying that a series of transactions, worth in total RMB3.47 million, had just been made. Within just six minutes, the five corresponding debits took place in Tianjin City while Hu was in Zhuhai with the debit card in his possession.
Since both the cardholder and the card were in Zhuhai at the time of the transactions, the court pointed out that a third party must have used a forged card to conduct the crime. Investigations are still ongoing to identify the criminals.