"bank might face punishment for not preventing the breach".

If that happened always, I suspect that fraud would be right down......

>"Any local money mules involved must have been particularly dumb not to realise that they were doing something likely to bring down a great deal of police attention."

Err, well yes, that is the primary qualification for their recruitment after all.

Maybe he can drum up an EU directive for minimum security for banks. To protect customers from this kind of fraud.

//Svein

Judging from the headline, I was hoping for a story about Sarky being the perpetrator of fraud, not the victim.

<rant>...some domestic stuff his wife bought using his EC card w/o asking him first. From what the smallsheets have been printing, Mme Sarkozy is a bit of a maverick... so why make what the USAians call a "federal case" out of it? If it's small amounts, hey, it might even withdrawals by his cellphone provider?

I mean, OK, he's the headless-of-state of the bloody Fifth Republic. That doesn't mean that he has a better grasp on his on money than the rest of us. Probably far less so; at least we, the reigned, know that most of our money goes "poof" into taxes and fees.

</rant>

Mine's the one with the insolvency form print on the back.