Abuse of SWIFT interbank network for "unauthorized transfer of funds"

Synopsis

## PNB Fraud Case Summary

In February 2018, Punjab National Bank (PNB), India's second-largest state-run bank, fell victim to a massive fraud amounting to approximately $1.8 billion. This event, considered one of the biggest banking scams in India's ...

Companies

  • Punjab National Bank

We've done the analysis so you can make the decisions

Search our repository of 7,950 high-quality, objective, peer-reviewed case studies, impacting 7,965 companies and resulting in $49,101,277,898 in net costs

  • Sophisticated search & querying
  • Financial data extracted
  • Key data points captured
Want to try before you buy? You can sample one of our case studies for free here