MALE, Maldives — Police have arrested 36-year-old Nadheef Mohamed of Rankokaage, GA. Gemanafushi in connection with a scam involving the theft of funds from a businessman’s bank account and subsequent withdrawals using rented cash cards.
Authorities said the investigation began after a September 20 report last year, when Nadheef allegedly called the businessman posing as a customer and obtained his OTP. The victim later discovered that a significant sum had been removed from his account and reported the matter to police.
Investigators found that Nadheef had deposited over MVR 29,600 into another individual’s account and withdrawn MVR 24,700 in multiple ATM transactions. He also deposited over MVR 4,900 into a separate account and withdrew the funds in a similar manner.
Police revealed that Nadheef rents cash cards from various individuals to access and withdraw scamming proceeds.
He was arrested on December 29. When presented to court due to the expiration of his remand, the court extended his detention by an additional seven days while the investigation continues.
