Police on the island of Grand Bahama have launched an investigation into alleged credit fraud at the Grand Bahama Power Company.

Officer In Charge of the Financial Crimes Unit Sergeant Lennicka Russell said, “we have received reports from the Grand Bahama Power Company as it relates to a credit card fraud which was extensive.”

Sergeant Russell further explained, “it has been reported the some 300 customer accounts have been compromised in some way and fraudulent activities have been made where payments were paid online using fraudulent credit cards.”

Russell said about fifteen people have been arrested in connection with the scheme, five of them have been charged.

Director of Communications Cleopatra Russell of the Grand Bahama Power Company assures the public that its online payment portal is safe.  “We want to assure our customers that our system both our payment portal and our customer portal have not been compromised in any manner.  Our team continues to have a robust plan around ensuring that we continuously maintain the security of our network and from time to time we will make adjustments as necessary to ensure that our customer’s information are safe and secure.”