1) this guy will spend many years in prison > That action caused so much uproar from affected companies and their employees that Cachet ultimately decided to c

1) this guy will spend many years in prison > That action caused so much uproar from affected companies and their employees that Cachet ultimately decided to cancel all of those reversals and absorb that $26 million hit, which it is now trying to recover through the courts. 2) Cachet is as useless bank ran by useless apes that don't know the basics about banking, their internal audit must be a bunch of untrained monkeys. I have investigated financial frauds for quite a while, and removing the funds from the employees, is the best way to make them walk out and never come back. This story has so many holes, a $20m+ was diverted from a corporate account to a personal account and systems didn't go off??? I see on Catcher's website: "The World's Most Convenient ACH Payroll Processing Services" yups, well played Cachet!! Key word there is "convenient" which always makes me run to the opposite direction when it comes to financial services and security. That website needs a "military grade security" to be complete! Edit: I know my sarcasm is all the way to 11 but this story has has so many control points broken (or worse non-existent) for all these to happen, that I am getting a headache just by thinking of this story.