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    • Jonathan675
    • By Jonathan675 17th Jul 17, 4:30 PM
    • 5Posts
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    Jonathan675
    CIFAS marker on my name for first party fraud
    • #1
    • 17th Jul 17, 4:30 PM
    CIFAS marker on my name for first party fraud 17th Jul 17 at 4:30 PM
    Barcalys have put a CIFAS marker on my name for first party fraud.

    It all started with lending my friend money here and there. After a few months I needed the money back, so my friend transferred me the money which was £300 into my account.

    After a few days my online banking stopped working, I popped into the branch and they told me the money you recieved was fraudlent money, and my account will be closed because of that. I tried explaining what happened and that I literally didn't have a clue the money was fraudlent. But they was simply not interested.

    After a few weeks I recieved my bank statement and it says 'account closing on 24th July 2017'.

    So I thought no problems I'll take my business elsewhere, but every single bank I applied for, rejected me giving me hints about a CIFAS marker on my name for fraud.

    Now, I don't understand why have I been called the fraudster? I recieved money that was owed to me and I cashed it out. I don't know how or where my friend got the money from, all I know is that I recieved my money and thats the end of it.

    I have my student loan coming in real soon and I'm stuck without a bank to put the student loan into. I'm planning on dropping out my degree that's starting real soon because I won't have the money for resources.

    I've requested a SAR from CIFAS and should be here in a few days.

    How do I go about removing this CIFAS marker. It has really put my life on hold, as I literally cannot do anything without a bank account e.g. car insurance, bills, wages and contracts.

    Will I have a good chance of getting this CIFAS marker removed? I'm starting to have sleepless nights just thinking about this CIFAS marker on my name.
Page 1
    • Don80
    • By Don80 17th Jul 17, 5:11 PM
    • 136 Posts
    • 47 Thanks
    Don80
    • #2
    • 17th Jul 17, 5:11 PM
    • #2
    • 17th Jul 17, 5:11 PM
    Hi

    I don't know much about this, but I would suspect that it depends on why the bank think it was fraud. If they are justified in thinking that then they have a legal duty to report this on your credit file. In this case, it would be very difficult to open a new bank account.

    There are prepay accounts which would allow you to send and receive money but they can charge about £20 a month. You would need to check if you'd be eligible with a CIFAS marker though...

    The following may help
    https://www.cifas.org.uk/dispute_a_warning_can_I_get_it_amended_removed
    Last edited by Don80; 17-07-2017 at 5:16 PM.
    • xylophone
    • By xylophone 17th Jul 17, 5:28 PM
    • 22,413 Posts
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    xylophone
    • #3
    • 17th Jul 17, 5:28 PM
    • #3
    • 17th Jul 17, 5:28 PM
    Do you have a savings account that you can use pro tem?
    • Jonathan675
    • By Jonathan675 17th Jul 17, 6:09 PM
    • 5 Posts
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    Jonathan675
    • #4
    • 17th Jul 17, 6:09 PM
    • #4
    • 17th Jul 17, 6:09 PM
    Do you have a savings account that you can use pro tem?
    Originally posted by xylophone
    Unfortunately not, I only had a current account with Barclays which they closed.
    • xylophone
    • By xylophone 17th Jul 17, 6:11 PM
    • 22,413 Posts
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    xylophone
    • #5
    • 17th Jul 17, 6:11 PM
    • #5
    • 17th Jul 17, 6:11 PM
    You'll be raising a dispute? See link.

    Giving up your course hardly seems a wise decision.

    If you have no savings account, would it be possible for your grant to be paid into a parental account and paid to you by them while you sort this out?
    • Jonathan675
    • By Jonathan675 17th Jul 17, 6:31 PM
    • 5 Posts
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    Jonathan675
    • #6
    • 17th Jul 17, 6:31 PM
    • #6
    • 17th Jul 17, 6:31 PM
    You'll be raising a dispute? See link.

    Giving up your course hardly seems a wise decision.

    If you have no savings account, would it be possible for your grant to be paid into a parental account and paid to you by them while you sort this out?
    Originally posted by xylophone
    I'll be raising a dispute in writing to Barclays once I recieve my CIFAS report, but I just wanted to know the chances of CIFAS marker getting removed from my name, because this could happen to anybody tbh, recieving fraudlent money.

    I contacted Student finance england, they told me I cannot get the grant paid into a family members account, only way to recieve the grant is through a bank account on my name.
    Last edited by Jonathan675; 17-07-2017 at 6:35 PM.
    • jonesMUFCforever
    • By jonesMUFCforever 17th Jul 17, 7:38 PM
    • 23,897 Posts
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    jonesMUFCforever
    • #7
    • 17th Jul 17, 7:38 PM
    • #7
    • 17th Jul 17, 7:38 PM
    Sounds to me that the ''friend'' may have stolen the funds from somebody'else's account OP how well did you know them?
    What goes around - comes around
    give lots and you will always receive lots
    • Chalkius
    • By Chalkius 17th Jul 17, 7:58 PM
    • 73 Posts
    • 27 Thanks
    Chalkius
    • #8
    • 17th Jul 17, 7:58 PM
    • #8
    • 17th Jul 17, 7:58 PM
    I'm surprised they told you in branch it was fraud. Thought that's considered tipping off, they normally close accounts and don't disclose why, they just refer to T&C's
    • robatwork
    • By robatwork 17th Jul 17, 8:26 PM
    • 3,875 Posts
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    robatwork
    • #9
    • 17th Jul 17, 8:26 PM
    • #9
    • 17th Jul 17, 8:26 PM
    You haven't said what your friend...sorry "friend"..... says about this. Is he claiming it's all a huge mix-up or has he gone to ground?
    • GingerFurball
    • By GingerFurball 17th Jul 17, 8:34 PM
    • 936 Posts
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    GingerFurball
    The money didn't come from your friend
    You whipped it out in cash straight away which looks dodgy
    You probably knew your friend was at it
    DEBT FREE!

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    • GingerFurball
    • By GingerFurball 17th Jul 17, 8:35 PM
    • 936 Posts
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    GingerFurball
    I'm surprised they told you in branch it was fraud. Thought that's considered tipping off, they normally close accounts and don't disclose why, they just refer to T&C's
    Originally posted by Chalkius
    Tipping off refers to money laundering, not fraud.
    DEBT FREE!

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    • Jonathan675
    • By Jonathan675 17th Jul 17, 9:54 PM
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    Jonathan675
    You haven't said what your friend...sorry "friend"..... says about this. Is he claiming it's all a huge mix-up or has he gone to ground?
    Originally posted by robatwork
    I aaked my friend about the money he transferred me and he's claiming that he took a small loan from a company to pay it to me.
    • Jonathan675
    • By Jonathan675 17th Jul 17, 9:57 PM
    • 5 Posts
    • 0 Thanks
    Jonathan675
    The money didn't come from your friend
    You whipped it out in cash straight away which looks dodgy
    You probably knew your friend was at it
    Originally posted by GingerFurball
    It's funny that you think I was part of this fraud that's taken place, £300 lol?
    I would not risk ruining my name for £300.

    I cashed it out the next day because I owed a bit of that money to my parents.
    • Don80
    • By Don80 18th Jul 17, 10:05 AM
    • 136 Posts
    • 47 Thanks
    Don80
    I aaked my friend about the money he transferred me and he's claiming that he took a small loan from a company to pay it to me.
    Originally posted by Jonathan675
    This sounds strange, I don't think I would think of taking a loan to pay a friend! If I were you I would get him to put this in writing, with copies of the loan documentation, and a copy of his bank statement showing the loan being paid into his account, and the transfer to your account. If it's a genuine loan company, this should be fine. BUT (and I don't know, just guessing) could your bank argue that it looks like he took out a loan on your behalf?

    If you can get the paperwork, you can show the source of the funds, and your friend's statement that it was to pay you money you had loaned to him as a friend (and that's important unless you're also a loan shark! )

    Hopefully that would at least show that you were unaware of the source as anything other than your friend's bank account, and you were just being a friend.
    Last edited by Don80; 18-07-2017 at 10:27 AM.
    • Don80
    • By Don80 18th Jul 17, 10:11 AM
    • 136 Posts
    • 47 Thanks
    Don80
    The money didn't come from your friend
    You whipped it out in cash straight away which looks dodgy
    You probably knew your friend was at it
    Originally posted by GingerFurball
    The OP is saying (as far as I understand it) that he thought his friend had just paid £300 which he owed him, into his account. The rest came to light after Barclays closed his account.

    I've given money to friends before, and I know at least one just withdrew it. He wasn't "at it", he had some things to buy, and owed a friend money. That friend really needed it, I didn't and I had the money, so was happy to help my friend. That's not necessarily dodgy in and of itself.
    • robatwork
    • By robatwork 18th Jul 17, 8:57 PM
    • 3,875 Posts
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    robatwork
    I aaked my friend about the money he transferred me and he's claiming that he took a small loan from a company to pay it to me.
    Originally posted by Jonathan675
    Didn't you think this sounded a little fishy? and would you really have wanted your friend to take a loan out to cover the £300?
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