OK Zimbabwe lost $70 000 after 33-year Chitungwiza based hacker Isaiah Marange hacked their system. Marange is currently on $300 bail and will be back in court on February 14.
The State alleges that Marange opened a Money Wave account at OK Mart with $5 only under the name Kundai Liberty Masamba on 25 December. On 26 December he hacked into the system and credited his account with $35 000. The money reflected as if it had been deposited at OK Queensdale. Marange then connived with his accomplices to purchase goods using the fraudulent card until they depleted the balance.
Two days later, on 28 December, Marange hacked into the Money Wave system again and fraudulently credited another $35 000. Together with his accomplices they purchase goods and got cash until the card balance was depleted.
The matter came to light after OK Queensdale noticed discrepancies when they received their bank statement. Marange and his accomplices were all arrested.
More: Zim News
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