More arrests have been made as the police intensify their investigation into the electronic scam which has been targeting several of the island's financial institutions.
Head of the Counter Terrorism and Organized Crime Investigation Branch C-TOC, Assistant Commissioner of Police Devon Watkiss, told RJR News that five additional persons have been taken into custody. He disclosed that the arrests were made in recent weeks.
ACP Watkiss said investigators are making progress with the probe and have obtained details on the scam which reportedly involves several groups.
Local banks have been grappling with a rise in online fraud as hackers gain access to the accounts of individuals and companies. Since last month there has also been increased surveillance of ATM's islandwide in the wake of reports that scammers have been targeting the machines and stealing funds from customers accounts.
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