The scary part is that there are those who would actually believe this of some people.

This is why I only keep about $5 in my accounts at any point in time. I'm not broke, I'm just making sure that people are tempted to violate their ethics and steal from me.

You have to think about it proportionally. If the customer is regularly making $1 million transactions, 20 grand would be almost unnoticable. Don't do it to someone who makes $500 deposits and $20 withdrawals. They'd notice 20 grand missing in a heartbeat.

This is why most of the time the thieves just clone your debit card and sell it to someone on the other side of the country.

/Happened to me the bank traced it back to a teller in my local branch. Fortunately the bank gave me back all the money that was stolen since it was easy to see I couldn't make purchases in Georgia and California within 8 minutes on the same day.

Moraitis is definitely no moriarty.

// got nothing.

Tom_Slick: This is why most of the time the thieves just clone your debit card and sell it to someone on the other side of the country.

/Happened to me the bank traced it back to a teller in my local branch. Fortunately the bank gave me back all the money that was stolen since it was easy to see I couldn't make purchases in Georgia and California within 8 minutes on the same day.

I'm gonna hazard a guess that your bank isn't BOA.

Ah, rural New York. Where "thinking ahead" means locking the front door before smoking your meth.

withdrawal

King Something: I'm gonna hazard a guess that your bank isn't BOA.

Nope Suntrust, but it did take 3 business days to get all my money back, they gave me $100.00 day 1 and the rest 5 days later.

Any transaction (or combination of related transactions) in excess of $10,000 has to be reported, in accordance with the Currency and Foreign Transactions Reporting Act, unless an exception has been granted. Do not suppose for one second that the government is not watching large dollar transactions. Originally this requirement was intended to detect money laundering but the Patriot Act expanded the scope of this requirement in an attempt to detect terrorist funding. Big brother is watching you.

Tom_Slick: This is why most of the time the thieves just clone your debit card and sell it to someone on the other side of the country.

/Happened to me the bank traced it back to a teller in my local branch. Fortunately the bank gave me back all the money that was stolen since it was easy to see I couldn't make purchases in Georgia and California within 8 minutes on the same day.

Happened to me too. They scraped over a grand off me, took 2 months to get my money back.
Pavillion store in culver city?

The customer has too much money. Consequence?


/maybe obscure... Maybe

It's like America.

red5ish: Any transaction (or combination of related transactions) in excess of $10,000 has to be reported, in accordance with the Currency and Foreign Transactions Reporting Act, unless an exception has been granted. Do not suppose for one second that the government is not watching large dollar transactions. Originally this requirement was intended to detect money laundering but the Patriot Act expanded the scope of this requirement in an attempt to detect terrorist funding. Big brother is watching you.


OMFG, NOOOOOOOOOO!

sexy-fetus: Happened to me too. They scraped over a grand off me, took 2 months to get my money back.
Pavillion store in culver city?


Mine was 2 grand to a Home Depot in Sacramento.

Tom_Slick: King Something: I'm gonna hazard a guess that your bank isn't BOA.

Nope Suntrust, but it did take 3 business days to get all my money back, they gave me $100.00 day 1 and the rest 5 days later.

My mortgage is with suntrust. I missed the grace period for january so they sent foreclosure threats. For being late. Not months behind, just late. But other than that they have been pretty cool. When I thought I was in trouble and went to them they were willing to put the next 6 months on the back end of the loan with no fees or penalty. Ended up not needing it but I thought it was good of them to offer. Still with Ascend FCU but if I had to recommend a commercial bank, they would be the only one. I do know others that bank with them and they haven't told me of complaints.

QuinnTheFetus: The customer has too much money. Consequence?


/maybe obscure... Maybe

I'm pretty sure it's Sneakers.

You have to be a banking executive and steal much more to get away with it.

/The government will bail you out if you steal to much and get caught.

simon_bar_sinister: My mortgage is with suntrust. I missed the grace period for january so they sent foreclosure threats. For being late. Not months behind, just late. But other than that they have been pretty cool. When I thought I was in trouble and went to them they were willing to put the next 6 months on the back end of the loan with no fees or penalty. Ended up not needing it but I thought it was good of them to offer. Still with Ascend FCU but if I had to recommend a commercial bank, they would be the only one. I do know others that bank with them and they haven't told me of complaints.

My only complaint with Suntrust is their collection policies, I had a car loan with them at the time my account was emptied and they couldn't take out the automatic payment. I had a letter threatening repossession if I did not correct the matter immediately it seems the loan department does not speak to the banking department.

Tom_Slick: simon_bar_sinister: My mortgage is with suntrust. I missed the grace period for january so they sent foreclosure threats. For being late. Not months behind, just late. But other than that they have been pretty cool. When I thought I was in trouble and went to them they were willing to put the next 6 months on the back end of the loan with no fees or penalty. Ended up not needing it but I thought it was good of them to offer. Still with Ascend FCU but if I had to recommend a commercial bank, they would be the only one. I do know others that bank with them and they haven't told me of complaints.

My only complaint with Suntrust is their collection policies, I had a car loan with them at the time my account was emptied and they couldn't take out the automatic payment. I had a letter threatening repossession if I did not correct the matter immediately it seems the loan department does not speak to the banking department.

Inter-departmental bonus competition precludes customer beneficial communication and cooperation.

That's a hard 30 right there

Should have stole all the money from every account and tried to "invest" it in something else.

/They send you a "Congratulations! Here's your bail out....." cash-o-gram. Jail is never mentioned.

A wealthy individual where I work had his checkbook stolen and $12,000 taken out. He didn't notice until we received a call from police asking if we had a person by that name working for us.

So it is possible to steal and not have it be noticed.

/NCSB

CSB time - with names obscured for the hell of it:

A relative of mine recently had to deal with their bank (yup, even genders are hidden) to recover a sizable chunk of money. A low activity savings account was drained and wired to an account in another bank. The recieving bank thought something was fishy (check draft on a savings account, with the bank sending the money not going "no dice - that's not a checking account") and called up to find out if the transaction was legit.

Having worked for the bank (now retired) that held the account, they called the security team instead of even dealing with a local branch (that came later getting the money back into the original account). Turns out there was an ongoing investigation. Someone was watching for inactive accounts and then raiding them. They were going nuts trying to find them - sounded like the problem had been going on for a while. Usually it was months between the account getting cleared out and someone noticing - the receiving banks normally wouldn't call up and say "WTF!"

My first reaction on hearing about what happened was "this should be simple - everything is in their system" then realized nope, this is some crafty IT person building their retirement fund. Good luck tracking them down - all the access and ability to cover tracks would be indistiguishable from someone's normal daily routine of managing the systems. The logs themselves are compromised. Time to break out NFR and a metric f-ton of disks and watch everything that happens in the data centers.

Is Moraitis the disease that causes Morans?

What?
This is outrageous!
No picture of Richard Pryor from Superman 3?

So, which lucky bank customer got to pay for her bail?

Oh fark fark fark, that's the branch for hubby's account....no no no......

*accessing info*

Whew, left us alone

*wipes brow*

king of vegas: red5ish: Any transaction (or combination of related transactions) in excess of $10,000 has to be reported, in accordance with the Currency and Foreign Transactions Reporting Act, unless an exception has been granted. Do not suppose for one second that the government is not watching large dollar transactions. Originally this requirement was intended to detect money laundering but the Patriot Act expanded the scope of this requirement in an attempt to detect terrorist funding. Big brother is watching you.

This only applies to cash transactions of $10k or more correct?

No, any transaction over ten grand.