Benin – Criet: a bank client prosecuted for fraudulent withdrawal of 12 million FCFA

On Monday, July 21, 2025, the courtroom of the CRIET hosted a case concerning a client of BGFI Bank, pursued for having embezzled a colossal sum of 12 million FCFA by exploiting a computer glitch. The man, who held an account in this bank, did not deny the facts imputed to him.

According to the preliminary elements of the investigation reported by Bip radio, the defendant would have discovered a technical vulnerability in the mobile application of BGFI Bank, a flaw that he then exploited to carry out fraudulent withdrawals. No details have yet been given on the method used or the period during which the illicit operations were carried out.

Questioned by the judge, the defendant acknowledged his responsibility in the matter. He would have acted alone and without an accomplice, according to his own statement on the stand. A confession that did not prevent the adjournment of the trial.

Facing the technical complexity of the case, the judges of the CRIET decided to postpone the case until October 20, 2025, for further debates.