A family was left without their entire life’s savings after being the target of a scam that went unnoticed by Novo Banco’s security systems. In the space of less than a day, thirty-two banking operations were carried out, without any internal alert, withdrawing more than forty-three thousand euros that were stored in a term account.
The money, which belonged to Manuel Novo, a former Navy officer, evaporated without a trace. When they realized what had happened, there was nothing they could do. The Judiciary Police is investigating the case to understand how it was possible to move such large amounts of money without any blocking or warning from the banking institution.
They were left without their life savings that were deposited in a Novo Banco account.
In less than 24 hours, 32 transfers were made without the bank’s alarms ringing. More than 43 thousand euros deposited in a term account disappeared without a trace.— Now Canal (@Now_Canal_)
