Don't know if anyone can give advice on a stolen cheque

jonesMUFCforever

dalesrider wrote: »

So they will get the cash back.

No way will lloyds have allowed a account to be opened in branch, had a cheque or draft paid in and then withdrawn all at the same time.

What gets me is why did they issue a cheque in the 1st place. Far more simple to transfer the funds to a new account, or any older one via a faster payment.

Depends on timescales - cheque paid in on Monday say would have been free to withdraw against at 00.01am Friday - and with faster payments my guess is that if it is fraud at least £25000 would have gone by now.
We still don't know how Lloyds dealt with the cheque and how they opened an account without (presumably?) ID.

JuicyJesus

dalesrider wrote: »

So they will get the cash back.

No way will lloyds have allowed a account to be opened in branch, had a cheque or draft paid in and then withdrawn all at the same time.

Indeed, this is the bit that sounded fishy to me too. Someone coming in with a massive banker's draft and looking to open a new account to deposit it the same day for no real stated reason would rightly raise a lot of suspicion on the part of any competent bank clerk. And there's no damn way they could encash it the same day.

Opening an account would need someone to provide identification and proof of their address, as well as the physical presence of a fraudster in a branch (and it's remarkably hard to get a bank to open an account the same day you go into a branch, from my experience - they usually insist on an appointment being made). Opening a JOINT account fraudulently would require both of those times two, with convincing enough fake documents that neither of them raised any kind of suspicion (on top of "hello I've got a big draft I'd like to open a brand new account for", that is).

And the bank "not being able to do a transfer between accounts" and so necessitating the issuance of a banker's draft (which is a chargeable service) doesn't make any sense either. I can confidently state that any bank can do that. There is also the question of - why, if they are waiting on the opening of a new account to deposit these funds, they weren't just left where they were until they could be deposited? Surely getting a draft out is a waste of time?

So, OP - I gave constructive advice at the top, but none of this makes any damn sense. Explain, please.

innovate

JuicyJesus wrote: »

Explain, please.

One possible explanation could be to run a concept past a few people to look for some obvious pitfalls before making a go/no-go decision.

JuicyJesus

The simple answer to "pitfalls" though would be that fraudsters invariably get caught, and there is no level of reward which would even remotely justify the risk. So the rational decision is always "no-go".

innovate

Sure, but there's always some who feel invincible

pvt

So Dad's bank is Halifax, and the cheque was cashed at Lloyd's?

They're both part of Lloyd's Banking Group, so one and the same, which is why they would know a new account had been opened.