Clients of Latvia's 4 largest banks defrauded of EUR 4.9 million in H1

Published date27 July 2022
Publication titleLETA

RIGA, July 27 (LETA) - In the first six months of this year scammers defrauded clients of Latvia's four largest banks of EUR 4.9 million, according to the data released by the Finance Latvia Association.

In all, 2,205 fraud cases were recorded during the first six months of 2022, the banking association said.

Meanwhile, 1,263 fraud cases targeting EUR 2 million worth of assets were averted in the six-month period.

In the six months of this year, Latvia's four largest banks reported 819 phone scams, in which...

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