Banking consultant Dr. Richmond Atuahene has raised concerns over the involvement of financial institution staff in cash theft, cautioning customers against blindly trusting bank employees with their money.
Speaking on Adom FM’s Dwaso Nsem, Dr. Atuahene warned that no customer should entrust their deposits to any bank worker, including the Managing Director.
“Never leave your money with tellers to deposit on your behalf. If you are busy, don’t go to the bank because these people cannot be trusted. Don’t trust anybody in the bank—not even the MD,” he cautioned.
According to him, cases of internal bank fraud, where staff conceal or divert customer deposits, have been on the rise, surpassing external fraud due to advancements in technology.
“Most cashiers are thieves, and if you trust and rely on them, they will disappoint you. The rise of technology has worsened the situation. Trusting human beings in banking is one of the deadliest things you can do,” he added.
His remarks follow a series of complaints from Dwaso Nsem listeners about unexplained deductions and missing funds in their bank accounts. Others also shared difficulties in accessing dormant accounts left by deceased relatives.
Recalling his experience as an Operations Manager at a top bank, Dr. Atuahene disclosed that some bankers manipulate figures on deposits before crediting customer accounts.
He advised customers to be vigilant, crosscheck all transactions, and report inconsistencies immediately to prevent financial losses.
ALSO READ: