If you unknowingly deposited a fraudulent check from a scammer causing the bank to close your account can the information be removed from the Chex System?
No. The closure of the account was a valid action by the bank and therefore the CS entry is also valid and will remain for the required 5 years.
Who is liable for a fraudulent cashier's check if another party purchased it and it was deposited in your bank account?
It is likely all parties involved, the forger, purchaser and depositer will be held accountable until it can be proven otherwise. The fraudulent use of a cashier's check is a federal crime, it would be advisable for anyone having a connection or knowledge of the event obtain legal advice or representation and not volunteer information regarding the issue.
If a Paypal Agent gave you false information and failed to recognize a fraudulent email which resulted in your losing an 18000.00 ring to a fraudulent buyer can they be held liable for your loss?
It depends on many factors. If the fraudulent account was actually being paid on time, then it might negatively affect your credit score if it were closed. BUT most fraud cases usually end up with the fraudster NOT PAYING the account, which causes late payments and collections. If the creditor agrees the account was fraudulent, then they should REMOVE the account, not just simply show it as "closed". If they haven't done this, you need…
Diana has her paycheck deposited directly from her employers account into her checking account. This is an example of what?
What financial liability do you have if a credit card account was opened in your name and closed after you informed the card issuer that fraudulent information was used to open the account?
If you did not use the credit line then you are not responsible for any debt incurred due to the fraudulent act. If you did use the account then you are considered a co-conspirator and are legally liable for any charges made and penalties, fees assessed. Such incidents can be deemed criminal and/or civil issues.
Bad is your decision, but it is probably illegal to provide false information to create an account. Recently a lady was arrested for using fraudulent information to create an account at a social networking site (like facebook or myspace) because the site required the information for access. Because the information was false, the access to the site was illegal.
Yes. All sorts of fraudulent activities can lead to a checking account being frozen. The bank may temporarily freeze the account if they suspect fraudulent activities in the accounts transactions. And, the bank can permanently freeze the account if there is a legal advice from law enforcement agencies reg. your account
Can a credit card company reopen an investigation on a fraudulent account if it was charged off and then was disputed and now has been deleted from your credit file?
While there are many trusted Forex Brokers out in the market, there still exist Forex scams. These are fraudulent schemes drawn from the claim that merchants and tradesmen can make profit from trading in the foreign market. However, the information in a Forex account is kept secure through the use of holding all client money in segregated accounts, which will allow customer assets to be separate from those of the providing companies, so that in…
Whoever is paying your pension will be happy to deposit it directly, if you instruct them to do so and tell them the account number and bank transit number (both of which are on the bottom of your check, if this is a checking account) of the account into which you would like the pension to be deposited.
No. A check/payment order/draft can be deposited only into the bank account of the person to whom it was issued (The Payee). If it is deposited into another persons account, the payment will not be released. Moreover, you may be arrested for trying to do so. However, if you have a joint account with your mother, then you can deposit into that account.
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
No, you cannot deposit a business check into a personal checking account. You can only deposit a check into an account that shares the same name, i.e. A check is made out to ABC company--it can only be deposited into an account that is titled ABC company. It cannot be deposited into a personal account--even if that is the personal account of the owner.
Yes. Anyone major or minor is responsible for the money deposited into the persons bank account. However since the person involved here is a minor they may not be punished as hard as an adult but still they will be legally prosecuted. Even the minors guardians (parents) will be expected to be answerable in this situation
A deposit, once made, is monies held by the brokerage "in trust" on behalf of the two parties to the transaction and it becomes subject to the conditions of the Agreement of Purchase and Sale. All brokerages are required to have a trust account into which all client and customer deposits are held. The trust account is separate from any other bank account a brokerage may have in the course of doing business. Deposits are…
Nope, has to be deposited to an estate account. You can then go ahead and write a check to yourself from the estate account.... assuming you are the executor and have the authority to do so. Nope, has to be deposited to an estate account. You can then go ahead and write a check to yourself from the estate account.... assuming you are the executor and have the authority to do so.