Loading...
See More

Robbers target bank clients

Aug 18 2011 22:22 Sapa

Related Articles

Bank fraud more lucrative than drugs

Murdochs refuse to go before UK parliament

Illegal economy costing SA billions

Gauteng is SA's crime capital

 
Johannesburg - Robberies involving bank clients withdrawing large amounts of money have increased, the SA Banking Risk Information Centre (Sabric) said on Thursday.

"What appeared at first to be a petty, opportunistic crime now has all the makings of organised operations that systematically target innocent users of banking systems," said CEO Kalyani Pillay.

She said perpetrators of the crime operated in groups with some members acting as "spotters" to look out for people making large cash withdrawals inside banks.

Once they had identified their victims, they passed on the information to the other members who carried out the robbery.

"It is this organised fashion with which these crimes are committed that makes it a challenge to investigate and combat," Pillay said.
banks  |  theft
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...