This is more common than you might think. Cases of internal fraud are 
usually hushed up and you never about them, but there was a very 
similar case in my bank that came to light when I worked in Group 
Risk. A branch manager had an unblemished 20 year career, and suddenly 
started giving money away to 'deserving' customers.

Another case that was hushed up involved some one very prominent, who 
suddenly noticed that he was missing some money. About $600k had gone 
missing over a period of about a decade. It had been accidently paid to 
another account, and he didn't notice! The fortunate recipient had been 
diligently transferring the money abroad each month.

James Greenstein

--- Bill Bartlett <billbartlett@dodo.com.au> wrote:

From: Bill Bartlett <billbartlett@dodo.com.au>
Date: Fri, 8 Oct 2004 16:40:14 +1000
To: lbo-talk@lbo-talk.org
Subject: [lbo-talk] Communist banker

Now THAT'S a communist banker!

http://www.smh.com.au/text/articles/2004/10/07/1097089493469.html

Bank robbin' hood

Sydney Morning Herald
October 8 2004

A bank manager who allegedly stole from rich customers and put the 
money into the accounts of people on the breadline has been arrested 
in Germany.

Ananova reports that the latter-day Robin Hood has been accused of 
moving $2million from accounts of well-off clients. Investigators 
arrested the 57-year-old after the bank contacted police.

The man told police he decided to redistribute the money believing 
the rich would not notice the difference. The public prosecutor in 
Wuerz- burg, Bavaria, is looking at about 70 cases.

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