3 men to front court for allegedly defrauding a bank of $148,000

Three men will appear in the Suva Magistrates Court today for allegedly defrauding a bank of $148,000.

Police say a 55-year-old man, who was employed as a senior manager of a bank, allegedly conspired with two others between December 8th, 2018, and December 21st, 2022, to defraud the bank by selling off eight vehicles privately, when they were supposed to be sold by way of trade-ins with approved licensed motor vehicle dealers, as per the bank's policy.

All three accused persons are alleged to have benefited from the sale of the eight vehicles worth $148,000.