The suspects are believed to have reached their victims using fake 'phishing' emails, which trick unwary customers into revealing details - including passwords - of their bank accounts to the tricksters.
After the pair attempted to subsequently transfer their proceeds of crime to accounts in France and Madeira, anti-fraud protection systems at the bank concerned were triggered, and halted the transactions.
The police were promptly informed, and the two suspects - 38 and 40 years old - were arrested on July 1st.
