A Midlands State University (MSU) computer science student is currently facing serious charges, accused of exploiting his internship at CABS Bank to orchestrate a massive fraud, allegedly stealing over US$1.1 million. The incident, which has sent shockwaves across Zimbabwe, involves the student gaining unauthorised access to the bank’s systems to facilitate fraudulent transactions.
Key Players Involved
- MSU Computer Science Student: The unnamed student accused of the cyber theft.
- CABS Bank: The financial institution targeted in the alleged hacking.
Event Timeline
- August 31, 2026: The date the story regarding the alleged hacking and theft was reported.
