Four people have been arrested on suspicion of fraudulently obtaining money from a person’s bank account through a scam involving a one-time password (OTP).
According to police, the case was reported after an unidentified individual contacted the victim by phone on October 24, 2026, and obtained an OTP code. The code was allegedly used to gain access to the victim’s bank account and fraudulently transfer MVR 63,000 and USD 21,000.
The four suspects are Ibrahim Shaarif, 34, of Goldengate, Dhoodigan, Fuvahmulah; Jinaah Ahmed, 29, of Matharesmaage, Feeali; Ibrahim Muaz, 38, Nazum, Nilandhoo; and Ali Dhaain, 21, of Lileenight, Mathimaradhoo, Gan.
Three of the suspects were arrested on October 28, while the fourth was taken into custody on October 29.
Following their arrests, the suspects were presented before court for remand decisions. Jinaah Ahmed was remanded for 10 days, while the remaining three were remanded for 15 days each.
Police said the case remains under investigation.
