Freud

On the 30 Oct 2020, I report a Freud case to Nedbank. Case Number 2020K1136, Our company received email that one of our suppliers change their bank account, I received a email from the company, to say the banking details change, every thing look correct, then the supplier phone and say they don't received our payment, I immediately contact Nedbank and ask to flag the account, this is Freud.

After a lot of emails to Nedbank on the 23 December I received a email. Please see below. Please take note that unfortunately all the funds have been utilised by the time the matter was reported to Nedbank. It is always unfortunate that innocent clients fall victim such ****s. Nedbank would not have known at the time of the opening of the account, that the account holder is intending to use the account for ********** purposes. The Nedbank account was blocked when the matter was reported.

It is recommended that the matter is reported to the police for further ******** investigation. Should the police require any information on the beneficiary account a subpoena can be issued to Nedbank and all information will be provided as stipulated in the subpoena. Why can't Nedbank supply us with the details of the client. No we must spent more fund to get a attorneys to get the information from Nedbank.

Is Nedbank protecting *********?