Two arrested in connection with fraudulent banking scheme

Two men, aged 36 and 45 years, have been arrested and charged in connection with a fraudulent banking scheme - with offences being reported in Glasgow and Manchester.

Since September 2023, Police Scotland officers have been investigating several frauds - with victims reporting information being used to bypass bank security to access their accounts.

The total value of the frauds being investigated is around £2 million.

Detective Sergeant John Fagan of Police Scotland’s Economic Crime and Financial Investigation Unit, said:

“Following an extensive inquiry, and with the assistance of our colleagues at Greater Manchester Police and the North West Regional Organised Crime Unit, two men have been arrested for the offences.

“This underlines our commitment to tackling fraudsters who target people in our communities and reassure the public that Police Scotland officers work tirelessly and in partnership with our law enforcement and banking industry colleagues to investigate financial crimes.”

The Police Scotland investigation was supported by Operation Henhouse – a national Economic Crime Centre initiative to provide funding to allow forces to undertake additional operational activity against fraudsters.

Members of the public are urged to take steps to secure their personal security information. Useful advice on safeguarding yourself from fraud can be found on the Police Scotland website or the national campaign – Stop! Think Fraud.

Both men are due to appear at Glasgow Sheriff Court at a later date.