By KETRA KALUNGATHE Bank of Zambia (BOZ) has instituted investigations into the case where scores of civil servants in Kapiri Mposhi have been swindled out of their salaries and life savings by fraudsters purporting to be Zanaco employees through a phone scam.Scores of civil servants are in a quandary as their life savings and salaries from the Zambia National Commercial Bank (ZANACO) have vanished in a phone scam.BOZ assistant director of communications, Bersnart Mwanza said investigations into the matter had been instituted through the security department.“The security department will institute investigations into the matter,” she said.The fraudster claiming to be a Zanaco employee called clients with XAPIT accounts informing them that the bank had embarked on an exercise of changing the secret code for XAPIT users from 4 to 5 digits.The unsuspecting clients then divulged their pin codes and soon after their accounts were accessed, money was being withdrawn through account transfers.And Central Province Police […]
BOZ PROBES CIVIL SERVANT SWINDLE

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