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Absolutely it is - if the purpose of opening the account was to commit crime, that's fraud ! People can open accounts in other people's names - but it's usually an adult doing that for their child - so the child will have a 'nest egg' when they reach maturity. They're usually deposit accounts - with no access to the funds until the account matures.

In order for your sister to open an account in your name - she will have had to provide certain identity credentials - including your signature. If you're aware of the fraud but the bank isn't (yet) - report it to the bank - and the police ! She has committed at least two offences (theft & fraud)...

Above all - remember - YOU do not owe the money - SHE does !

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12y ago

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