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.
I deposited a cashiers check issued to me. 24 hrs later the bank said it was good and made the funds available to me. Two days later, they froze my account and said the check was fraudulent. I am being held liable. Are they not responsible?
In order to get a cashiers check, the money had to be withdrawn from an account, this account could be traced. You could withdraw cash, then use it to get a cashier's check, but someone might be able to match the date of a large withdrawal.
If the money that is being deposited into the checking account is a gift, then they do not pay taxes. However, if this is a business transaction, then they may have to pay taxes.
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.
A bank issues a cashiers check,on behalf of a depositor, by setting funds aside from the depositor's account.
Yes money can be deposited in account when frozen but cannot be taken out.
deposited money is credited to your concern bank account
is it possible for money to be deposited in an inactive bank account
Yes, as both account holders both own all of the assets deposited within the account, and regardless of who deposited what.
Diana has her paycheck deposited directly from her employers account into her checking account. This is an example of what?
1.some others errors may be created when locating errors in the control account. 2.there maybe more fraudulent activities in the control account if it is not well scrutiny.
Yes