Three men nabbed for bank fraud

JAKARTA: Three men were arrested on Friday by the Sawah Besar Police for allegedly trying to cash Rp 31 billion (US$3.3 million) in fraudulent deposit certificates at Bank International Indonesia (BII).

The police said the suspects, identified as Benyamin, Nukman and Syaiful Bachri, were nabbed at the BII's Juanda branch office in Central Jakarta, while trying to cash two deposit certificates, worth Rp 26 billion (US$2.8 million) and Rp 5 billion respectively.

BII realized the certificates were fake and reported the men to the nearby police station.

National Police fraud squad chief Brig. Gen. Samuel Ismoko said his office was investigating the case. -- JP