According to the latest research data available, internal bank employee thefts are nine times more costly than actual bank robberies.
Up to three-quarters of all schemes, embezzlements, and frauds that occur within banks are done so by an inside job. This means that employee theft occurs quite frequently within banks.
The rich and the elderly are at an increased risk when mostly tellers and other bank branch employees wire funds from their accounts without prior authorization. However, the most desired accounts are those with high balances, as well as that have direct deposits of government funds.