How tech-savvy rogue bankers collude to steal your cash

With use of technology, it is now easier for bank employees to steal or conspire with outsiders to carry out a mix of both traditional and high-tech fraud.

Scenes of hooded gunmen raiding banks or grabbing cash from counters or vaults are no longer commonplace as they used to be as criminals become smarter. With the press of a button, your cash could be gone in a second.

Today bank robbers are largely employees or former employees who know how the system works and in most cases collude with outsiders – making the work of the Banking Fraud Investigations Unit (BFIU) tedious.