A thief stole a man's phone on the London Underground, leading to the theft of £21,000 from his bank accounts.
This highlights the growing problem of phone theft for accessing personal financial information and causing significant losses.
The thief cleverly exploited vulnerabilities in online banking security, transferring funds and taking out loans in the victim's name.
The incident underscores the importance of phone security and the need for improved banking protection from such crimes.
