SUMMARY: Recently there was a heist involving a south African bank. Their bank lost a total of close to $13 million, after thieves used over 1600 fake credit cards. Each transactions was the maximum amount and it took over 14,000 individual transactions to complete the feat.
ANALYSIS: I feel that this fraud and crime is very hard to catch because most banks are constantly experiencing thousands of withdrawals and transactions everyday. I don't know how they caught this one honestly. Because all of the transactions were completed in Japan I do feel it was much easier since the epicenter of the bank would have thousands of miles away. This crime relates back to the national bank, the gold standard, and the silver standard. GO APUSH!
http://money.cnn.com/2016/05/23/news/bank-fraud-south-africa-japan/index.html
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