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Thursday, March 26, 2009

BANKS FIGHT AGAINST FRAUD

Banks in Melbourne are fighting against a group of men who've stolen $500,000 dollars of customers' money by ATM scams.
Puffing out their chests and congratulating themselves at their actions. Great. But hang on - what about the 10 BILLION the banks themselves steal from the very same customers with their insidious fees. If we could get rid of those I'd gladly give up a measly half mill to scamers!

Meanwhile, in Edinburgh, Scotland, the head of the now defunct Royal Bank of Scotland (who after heading the collapse of the institution) has had his multi-million dollar home attacked by a group calling themselves "Bank bosses are thieves". The thief in question also had his 400,000 dollar Mercedes vandalized to.

I would chuckle if it wasn't for the fact he more than likely has comprehensive insurance on it which will repair the damage free of charge - then the company will increase premiums to cover the loss, premiums held by Joe Ordinary. If ever there were greater thieves than banks, it's insurance companies.

Can't win really.

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