Harare Man Arrested Over Bank Hacking, Fraudulently Transfers Thousands

HARARE – A Harare man has been arrested and charged with fraud after allegedly hacking into a businessman’s bank accounts and siphoning thousands of dollars in a suspected cybercrime case that highlights growing digital security risks in Zimbabwe. The suspect, Aaron Gidi, appeared before Harare magistrate Ruth Moyo, where he was granted bail and remanded as investigations continue.

According to court proceedings, Gidi was not required to plead at this stage. He was granted bail set at US$200 and ordered to reside at his given address. The court also instructed him not to interfere with State witnesses while the case is still under investigation.

The complainant, Lawrence Chishamiso Charasika (55), a Ruwa-based businessman from Damafalls Phase 4, reportedly lost substantial sums of money after his accounts were compromised. Prosecutors say the alleged offence involved unauthorised access to accounts held with CBZ Bank, one of Zimbabwe’s largest commercial banks.

According to the State, the incident occurred on April 3, 2026, when Gidi allegedly acted in connivance with two accomplices, identified as Paradza and Peter Idi Kubare, who remain at large. The trio is accused of breaching the businessman’s banking security systems and transferring funds without authorisation a method commonly associated with organised cyber fraud syndicates.

Cybersecurity experts warn that such attacks often involve phishing, password compromise, or insider assistance.

“Financial cybercrime is becoming increasingly sophisticated, with criminals targeting individuals and businesses through multiple digital entry points,” said Harare-based IT security analyst Nigel Mhembere.

After gaining access, the suspects allegedly transferred US$13,600 and ZiG110,000 into accounts linked to Kubare’s companies, including PetroKub Investments (Pvt) Ltd and Everyday Import Wholesalers (Pvt) Ltd. Authorities believe the funds were subsequently withdrawn and shared among the suspects. Police confirmed that none of the stolen money has been recovered so far.

The case is being handled by prosecutor Lawrence Gangarahwe, with investigations continuing to track down the two remaining suspects.

Law enforcement agencies say the case underscores the urgent need for stronger cybersecurity awareness among businesses and individuals.

“People must safeguard their banking details and report any suspicious activity immediately,” a police source said.

Zimbabwe has seen a steady increase in cyber-related offences, particularly involving mobile banking platforms and online financial systems. Experts urge financial institutions and customers alike to adopt stronger security measures, including two-factor authentication and regular monitoring of account activity. The accused is expected to return to court as the case progresses.

Harare cybercrime case