A worker at the National Commercial Bank in Jamaica is in police custody for his involvement in a $5 million scheme.

According to reports from Nation News, the employee was arrested on Friday after weeks of investigations into the fraud scheme.

“Reports are sometime last year; the NCB employee forged the signature of a customer and debited his account and then put the sums stolen to their account and others. Sources say the amount could increase following an audit being conducted by the bank,” Nation News said

According to reports, this is the second fraud scheme uncovered in a financial institution this week.

“Stocks and Securities Limited, SSL, recently uncovered a fraudulent scheme said to involve billions of dollars. Investigators are currently gathering information from potential victims and are urging anyone who believes they’ve been affected to come forward,” the news outlet reported.

Meanwhile, the Financial Services Commission has confirmed its enhanced oversight of SS saying that the “investment firm can continue to do business on behalf of its clients but is barred from doing any sales or trading of assets without the permission of the FSC”