Sir Bernard Hogan-Howe must have forgotten why the presumption of innocence and requirement to refund was introduced in the 90s. Or he's an idiot. Thousands w

Sir Bernard Hogan-Howe must have forgotten why the presumption of innocence and requirement to refund was introduced in the 90s. Or he's an idiot. Thousands were having money going missing and the banks generally tried to blame the account holder. Refunds were rare. It was later discovered to be extremely widespread, and of a seriousness large enough to bring down the banking system if it became more widely known. The flaws in the systems were never closed, btw. The introduction of chip and PIN made the exploit no longer possible, at which point more information came out. The Register has a pretty good write up here: http://www.theregister.co.uk/2005/10/21/phantoms_and_rogues/ http://www.theregister.co.uk/2005/10/21/phantoms_and_rogues/