The Prosecutor’s Southern Finland Prosecutor’s Office has now prosecuted about 18-year-olds with a fraud and gross money laundering.
In the summer of 2022, the S-Bank had a serious security opening and the teen could take advantage of it. Ismo Pekkarinen/ AOP
Nine other persons have also been charged with the same fraud for money laundering or gross money laundering.
Fraud was targeted at S-Bank’s customers. There are more than 200 victims. The victims were spent about EUR 1.3 million.
The prosecutor has led the challenges to the Helsinki District Court.
The crimes occurred in the summer of 2022 in Western Uusimaa. At that time, the main accused was only about 16 years old. If he is once convicted, he is a young offender.
The S-Bank had a security vulnerability in this summer, which would have been used by the young adult now in the prosecution.
At that time, a teenager would have logged in to the bank’s clients’ account, where he transferred money to online casinos using vulnerability. He later transferred his winnings to his account.
Later, the same young cheater would have raised loans with the help of victims’ mobile certificates.
The vulnerability of the bank was repaired in early August 2022. Police were arrested in August-September. Some of the money was recovered.
According to the victims, none of them knew they had been cheated before the money disappeared. They had done the right thing, that is, had not followed, for example, fake links.