Many victims of the safe deposit box heists at three First National Bank branches are outraged at the bank’s settlement offers for their losses.The bank began e-mailing the heist victims this week. Most offers appeared to be below 20% — many less than 10% — of the full value of their claim‚ with no information on how the offer was calculated.One victim was offered 14% of his claim‚ despite providing proof of his Krugerrand purchases.Several people had entrusted their most precious belongings to a safety deposit box at the Fourways branch in Johannesburg‚ only to discover after the Randburg heist that their boxes had been moved to that branch before the heist.The victims — who were organised into a group by Kelly Fraser — lost their precious family heirlooms‚ cash‚ coin collections and other valuables in one of three heists.On December 18 last year 360 boxes were stolen in a brazen overnight break-in at the Randburg branch. Two weeks later‚ on New Year’s Eve‚ thieves penetrated a vau...

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