A&M Secures Full Recovery in Landmark Cross-Border Bank Fraud Case

As part of our commitment to social responsibility, our team took on — entirely on a pro bono basis — the case of a client who fell victim to a cross-border banking fraud that resulted in the loss of his entire life savings of SAR 482,594.91.

The case concluded with a unanimous decision by the Appeals Committee for Banking Violations and Disputes obliging the bank to return the full amount subject of the fraud to the client's account.

Our team relied on a number of legal arguments and defenses, most notably:

• The bank's violation of the Apple Pay Card Issuer Functional Requirements issued by Apple.
• The bank's violation of the Zero Liability principle.
• The bank's negligence in detecting the unusual behavior compared to the client's spending pattern.
• The discrepancy between the client's geographic location and the location from which the fraudulent transactions were executed, despite the client enabling the bank's application to access his precise location.
• The inadequacy of the precautionary procedures applied by the bank compared to those applied by another bank holding a similar license and subject to the same regulations and instructions.

This success reflects our commitment to fulfilling our social duty, and confirms our team's ability to handle highly complex financial fraud cases.