Dar es Salaam. A retired teacher, Ms Magreth Jacob, has reported losing Sh46 million after her ATM card became stuck in a machine. She also spent approximately Sh12 million on expenses linked to a police investigation, according to a report by The Citizen on May 20, 2026.
The incident occurred in Dar es Salaam, where Ms Jacob attempted to withdraw money but the card was retained by the ATM. Subsequently, unauthorized withdrawals were made from her account, totaling Sh46 million. The police investigation into the matter incurred additional costs of Sh12 million for the victim.
Authorities have not yet identified suspects or made arrests. The case highlights ongoing concerns about ATM security and financial fraud in Tanzania. The Citizen reported that Ms Jacob is seeking justice and compensation for her losses.
