How do banks steal money? Confession of a bank employee.

[Teacher]

Hello! Although there were no such cases specifically in our bank, as a specialist in information security of a credit institution, it was necessary to carefully analyze such incidents in other banks and find ways to counter them. The following is a typical scheme for fraud involving money in customer accounts.

About bank theft in general​

Contrary to popular opinion, money in banks is stolen and lost very often. It is not always possible to distinguish one from the other.

These cases will never be reported in the newspaper, and you will never hear about them from your friends, even those who work in banks. The reason is that all these cases are very carefully hidden. A long tongue, even in a conversation over a cup of tea at home, can fail any bank clerk. And salaries are high — there is something to lose.

Now it's not about that — when a bank loses its money-that's one thing. But from the client's account - this is different.

When does the client lose their own funds?​

The most unpleasant thing is when the client loses his own funds that he had in the account. Below I will tell you and show you a typical scheme of theft and tell you how to protect yourself. Here are a few words about why this is an extremely unpleasant situation: along with the fact that money is a value, the client bears significant moral costs:

From practice: even if bankers are completely sure that someone from their own people stole the money, their internal "ethics" and "morals" will force them to desperately defend the position of their bank, proving that they have nothing to do with it. They will conduct an internal investigation, but the client is unlikely to be informed. To "not take out the trash".

Typical fraud scheme​

This isn't a robbery or a raid. In 99% of cases, bank employees themselves are to blame. Who is at risk? Those accounts that haven't been moved in a long time and the client hasn't been seen for a long time. Not in online banking, not in person. That is, the most vulnerable part is those who are sure that everything is in order with their contribution.

Theft is very simple. The operator simply "pretends" that the client came and gave an order to send money to the desired account. At the same time, all documents are drawn up, signatures are put, etc.The danger is that every day the bank summarizes the results of the day. Therefore, the transaction must be included in the registry. If the client is still missing, there is no danger for the operator.

Then there are two options: first, if the amount is not large, you need to perform several more similar operations with multiple accounts at once. Second, if the amount is already sufficient, you can simply quit. To leave. Disappear.

What is the calculation based on?​

On the fact that the client will catch on too late. There will be no more recordings from surveillance cameras, documents will not be able to be compared, even better if they (primary) will already be archived. To be honest, bankers have learned to deal with this type of fraud quite effectively (malicious operators are not all aware of it yet), but the care and caution of customers also does not hurt. Check your accounts!