Citibank Employee Wires Someone Else's Money to Himself
The cases include the case of Citibank employee Brandon Wyatt, who was recently charged with wiring customer money -- about $380,000 -- to other bank accounts he had access to and then pulling that out as cash out and spending it himself. Meanwhile, two employees of an Indianapolis investment company used private customer information to open 129 separate bogus credit card accounts with a combined $1.4-million credit line. Scary? Yes, but we're still inclined to think our money's safer in a bank than under the bed -- with our luck, we'd leave our retirement savings on the curb after some spring cleaning. [From: Wired Threat Level]
