Skip to main content

APP Britain

xxx

Fraudsters had hacked into the estate agent’s email system, and had seen enough to be able to create a fake email from his lawyer, telling him where to send the £45,000.

So rather than sending the money to his solicitor’s account, it instead went into an HSBC business account that had been fraudulently set up in Kilburn, north London.

The £45,000 deposit for our first home was stolen and the banks did nothing | Money | The Guardian:

So: either HSBC did KYC, so they know who the fraudster is and the police can arrest them. Or HSBC didn’t do KYC, in which case the police can arrest HSBC’s head of compliance and HSBC will compensate the defrauded party. Quite simple.

But it is?

What if the fraudster who opened the destination account was actually a friend of the defrauded party?

Oh wait.

xxx

HSBC has also denied any liability.

The £45,000 deposit for our first home was stolen and the banks did nothing | Money | The Guardian:

Well, they would say that, wouldn’t they. Oh, hold on...

The Metropolitan police have investigated a number of suspicious account openings at HSBC’s Kilburn branch.

The £45,000 deposit for our first home was stolen and the banks did nothing | Money | The Guardian:

 

xxx

Comments

Post a Comment

Popular posts from this blog

Euro area card payments double in a decade

xxx "The number of card payments in the euro area have more than doubled in a decade as consumers increasingly dispense with the hassle of carrying notes and coins, according to the latest statistics from the European Central Bank. In 2018, card payments accounted for almost half of the total number of non-cash payments across the single-currency area. Credit transfers and direct debits were the second and third most common non-cash payment methods, accounting for approximately 23% each, while e-money and cheques together made up around seven percent. However, the relative popularity of each type of payment service still varies widely across euro area countries. In 2018 card payments accounted for just over 70% of all non‑cash payments in Portugal, compared with around 23% in Germany. The stats show that the number of card payments made by consumers and businesses has more than doubled in the last decade, with an average of 121 card payments per capita in 2018, compared with
Post a Comment
Read more