Dishonest actions by staff to gain a benefit by theft or deception had risen 41pc in twelve months, according to CIFAS, anti-fraud organisation.

Dishonest bank staff are increasingly preying on their elderly customers, new fraud figures have shown. CIFAS, an anti-fraud organisation whose members include most major banks and building societies, said that there had been an "alarming increase" in the level of fraud committed by employees, with a third of it involving the theft of cash from customer accounts.

"Many of these fraudsters steal from elderly and more vulnerable account holders," said Richard Hurley, from CIFAS. "The perpetrators' actions are as bad as muggers in the street." Arjun Mehdi, Staff Fraud Adviser at CIFAS, said that the number of dishonest actions by staff to gain a benefit by theft or deception had risen 41pc in twelve months. He said that there was a trend for longer-serving staff to engage in fraud, after spending several years working out a bank's systems. "They systematically hit certain accounts knowing that they will not be noticed," he said.....Read more here---: More bank staff steal from customers - Telegraph