Nordea customers warned over emails

Swedish customers of bank Nordea are being warned about a new attempt by criminal to trick them into handing over their Internet banking log-in details.

Many customers of the bank have received emails asking them to enter their details on a particular website. The email claims that the process is part of an upgrade of Nordea’s virus protection.

The email is written in poor Swedish and incorrectly refers to the bank as ‘Nordea Sweden AG’. The link contained in the email to the supposed Nordea website is broken.

Nordea customers have been the subject of a string of bluff emails over the past year.

“But the last few times, nobody has fallen for it,” said Nordea spokesman Boo Ehlin.

“Our customers have learned that the emails are not from us.”


Police to investigate Nordea bank over money laundering

Danish police will investigate the Swedish bank Nordea after a year-long probe by regulators into money laundering led to "criticism" of its procedures, the bank said Friday.

Police to investigate Nordea bank over money laundering
Photo: Marcus Ericsson / TT

Detectives will examine how money laundering rules were followed at the bank's Danish subsidiary and could result in “sanctions”, Nordea said in a statement.

“We realize that we initially underestimated the complexity and the time it takes to change our procedures,” said Nordea chief executive Casper von Koskull.

The bank added that 850 Nordea employees are currently involved in the fight against money laundering which the bank plans to increase to 1,150 by the end of the year.

In May 2015 the bank was fined 50 million kronor (€5.4 million euros) – the maximum possible – by Swedish regulators who accused Nordea of “not following money laundering rules for several years” and failing to “evaluate the risks of (doing business with) certain clients”.