Displaying items by tag: theft
India: bank agents steal money from customers
An exposé has shown that the Bank of Baroda made it simple and easy for its agents to steal money from customers’ accounts - and some of them did. The bank’s employees had linked unauthorised mobile numbers to accounts before uploading them onto the bank’s new mobile app. These numbers were of bank staff, managers, guards, their relatives, and bank agents in remote areas. Internal documents show that some of the bank’s agents withdrew tens of thousands of rupees from customers’ accounts. The bank’s head office has asked the managers concerned to do everything necessary to restore the money to the accounts. The Reserve Bank of India (RBI) has ordered an audit, and has told the bank to stop registering new customers on its app.
Farming: five facts
1) The fatal accident rate on farms is higher than any other sector. 2) Theft from British farmers hit a seven-year high of £50m in 2018, with a 26% rise in stolen farm vehicles and a 3.7% rise in animal theft. 3) As a result of the crimes, farmers are reporting increased levels of anxiety and isolation. 4) Farmers fear they could go out of business following the post-Brexit trade deal with the USA that is being publicised as a way to boost the UK economy. They need reassurance that their high standards will not drop to compete with US chlorinated chicken, gamma radiation to eliminate microorganisms, and genetically modified crops. 5) Suicide rates in farming are reported to be among the highest of any occupational group, with more than one farmer a week in the UK taking their own life. See also