In Spain, fraudsters swindled 29,000 euros by posing as bank employees.

In Spain, two men are suspected of fraud. A 20-year-old from Logroño and a 39-year-old from San Cristóbal de la Laguna allegedly impersonated bank employees.

According to the Civil Guard, they fraudulently obtained 29,000 euros from a resident of the town of Burela.

According to the police, the incident occurred in May last year. They are now accused of cyber fraud and money laundering.

The scheme was as follows: the fraudsters called the victim, introduced themselves as bank employees and said that there were suspicious transactions on his account. Under this pretext, they asked the person for access passwords to the account.

Then they оформ a loan of 20,000 euros in the victim's name and transferred a total of 29,000 euros to other accounts.

The police immediately contacted the bank where the money was received and asked to block the account to stop further transfers.

Investigators found that after receiving the money, the fraudsters transferred it to various accounts in Malta and France.

Thanks to the quick actions of the police, these transfers were canceled. Although the fraudsters transferred money from account to account as many as four times, they were still able to return it.

Law enforcement officers from La Rioja and Santa Cruz de Tenerife assisted in the investigation.