Banker and Developer Jailed for $200,000 Fraud Against Illiterate Moroccan Retiree

The case dates back to June 13, 2018. A retired Moroccan expatriate, who could neither read nor write, had asked his banker, who had offered to open a savings account, to fill out his check and enter the sum of one million dirhams in order to proceed with the transfer of the amount from another account. He had also given him 70,000 dirhams in cash.

A year later, the Moroccan expatriate, who was still unaware that his money had been diverted, contacted his banker again, this time asking him to fill out six bank checks payable to a relative who was taking care of his house abroad. Again, the banker stole a check on which he entered the sum of one million dirhams.

According to the daily Assabah, the two stolen checks had been made out to the name of a real estate developer in Meknes, who pocketed the amounts before depositing them in the banker’s account, in exchange for a commission.