Tag Archives: bank

Rent Fraud

Many people in Kenya pay rent using mobile money. Around the end of the month, I usually receive messages such as the ones shown, pretending to be from my landlord, and asking me to pay my rent to a new account. I’m sure these messages are sent to many phone numbers, hoping that some will… Read More »

Unlimited Cash From Ethiopian Bank

In March 2024, the Commercial Bank of Ethiopia, the country’s largest commercial bank, had a technical “glitch” that allowed customers to withdraw more money than they had in their accounts. The glitch lasted for several hours before the bank froze all transactions. News of the glitch spread rapidly on social media, particularly among university students,… Read More »