ZB Bank Teller Arrested For Stealing US$50K from Delta Deposits
Police have arrested Henry Tayengwa, a ZB Bank teller based in Rusape, on allegations of stealing funds amounting to US$50K from Delta deposits. Tayengwa is accused of diverting the funds to his personal Ecobank account.
Legal Proceedings Commence
Represented by Mr. Munyaradzi Manyengavana of Manyengavana Law Chambers, Tayengwa appeared before Rusape magistrate, Mrs. Patience Chirimo, to face a single count of theft. Although he was not asked to enter a plea, Tayengwa was remanded in custody pending his bail application.
ALSO READ: Bulawayo Man Faces Court For Head-butting Maid
The Scheme Unveiled
According to the state prosecutor, Mr. Marlon Makamba, Tayengwa had been executing his fraudulent scheme for the past nine months. As a teller at ZB Bank, he received substantial cash deposits from Delta Beverages but intentionally failed to deposit the full amount. This discrepancy was only detected by Ecobank, raising suspicions and triggering an investigation.
ALSO READ: Beer Drinking Spree Turns Deadly as Bulawayo Man Lost His Life to Nail Cutter Knife
The Modus Operandi
Between February and November 16, 2023, Tayengwa devised a plan to pilfer funds from the bank. Under the guise of depositing money into Delta Beverages’ Ecobank account, he misrepresented the actual amounts and pocketed a portion of the funds. The total sum misappropriated amounted to US$ 50,909. CCTV footage obtained during the investigation revealed Tayengwa stealing money from the deposits on multiple occasions.
ALSO READ: Notorious Old Highfield Trio in Court for Daring Zesa Equipment Vandalism
Arrest and Evidence
Upon his arrest, Tayengwa was found in possession of deposit slips that contained various amounts stolen from ZB Bank. Unfortunately, no funds were recovered at the time of the arrest.
ALSO READ: Chitungwiza Man Sentenced to 3 Years in Prison For Stealing Grocery Truck
Conclusion
The arrest of Henry Tayengwa sends a strong message that financial misconduct will not go unpunished. Cases of employees defrauding their bosses are on a rise as indicated by a similar report by H-Metro of two men who defraud a businessman in a cement deal.