Global Elite Bank employs Weber, who has been arrested four times and convicted twice for fraud, as a bank teller. He consistently underpays customers who make large withdrawals and keeps the unpaid funds for himself. Later, when a customer attempts to recover her unpaid funds from Weber, she discovers that Weber is stealing the money. In this scenario, Global Elite Bank will:

not incur any liability since it cannot be held responsible for the crimes of its employees.

be liable to the customer for negligent hiring.

not incur any liability if the stolen money is recovered and the customer is made whole.

be liable to the customer only if it can be shown that the bank had actual knowledge of Weber's past.