Credit Card Scams in Seychelles

Posted in Financial Services, Seychelles banking at 2:17 pm by Robert Klien

Since August 2015, the police were alerted to 3 incidents involving attempts of fraud of credit cards by card skimming devices in Seychelles.

In these 3 different incidents, the Seychelles Police arrested some people suspected to be involved in these fraudulent activities.

The first incident involved 3 Bulgarians. More than 800 credit cards had to be replaced after it was discovered that there were attempted thefts of information on these credit cards. In the hotel rooms of the Bulgarians, the Seychelles police discovered evidences related with the attempted fraud on the credit cards.

In another case, 2 Russians were arrested in early September in possession of 70 credit cards. They will be formally charged with attempted fraud. The police arrested them at the Seychelles International Airport situated on Mahé, on September 1. At the arrest, 70 empty credit cards as well as devices for copying information on credit cards were discovered in their luggage.

The third case involved 2 Americans arrested last week in possession of what police suspect to be counterfeit credit cards. The investigation is still ongoing, however they too will formally be charged for fraud attempts soon.


Seychelles-Nigeria Investment Forum Expected to Boost

Posted in Business and Economy, Diplomatic missions, International relations, Seychelles government at 2:12 pm by Robert Klien

Promoting cooperation between Seychelles and Nigeria and increasing trade and industry have been the main focus of diplomatic work of the outgoing Nigerian High Commissioner to Seychelles, Solomon Akintola Oyateru, during his term in office.

High Commissioner Oyateru made this statement and paid a visit to Seychelles President James Michel. He represented Nigeria for 3 years, while based in Nairobi, Kenya. According to him, an investment forum will be established with a view to allow Nigerian investors to explore the potential in Seychelles in areas such as tourism, the Blue Economy and others. The date for the event has not been set yet.

Discussions in the State House meeting focused on the existing bilateral cooperation between the two countries and areas for future collaboration.

Commenting on his mandate of 3 years, Oyateru said, “It has been very quite exciting and fruitful. I think I have been able to build on what the predecessor has left me and our engagements have become much active and deeper. My successor will be able to build on that. The level of interaction has actually improved.”


New British High Commissioner Is Accredited to have more focus on UK Investments in Seychelles

Posted in Business and Economy, Diplomatic missions, Foreign investments at 2:08 pm by Robert Klien

The new British High Commissioner to Seychelles Caron Rӧhsler has been accredited so she is expected encourage more British businesses to invest in Seychelles.

This diplomat who has spent the past 2 weeks in Seychelles and then presented her credentials to the Seychelles President James Michel.

Piracy and maritime security was among issues Rӧhsler said she discussed with Michel, including the need to move from prevention to tackling the root causes of piracy. However, opportunities for the two jurisdictions to collaborate in new areas including the blue economy concept Seychelles is promoting were also discussed.

Rӧhsler said: “I hope that over the course of my time here, we will see perhaps a shift in focus from working on security issues together, which remains very important, to greater ties to ensure prosperity and to see more British businesses investing here in Seychelles.”