Santander trying to steal £14,200 from me

Azelphur

I did some googling and found this, http://abbeyfraud.com/

It appears I'm not the only person who Santander has tried to financially ruin for having the gaul to be a victim of fraud

Azelphur

RetiredInThailand wrote: »

Sounds to me like they suspect you of money-laundering or some other sort of dodgy practice. I see no other reason why they would block all your funds and ask you to prove where they came from.

Is this a proper business account or are you just using a personal account for business? They probably wont like it if you are doing the latter.

Sort of the latter unfortunately, it started off as a personal thing just to see if I could make some money doing it, I started doing rather well so set up a business account, this happened a few days after I applied for a business account

innovate

On which of your accounts is the block?

opinions4u

Santander trying to steal £14,200 from me

Regardless of the situation you find yourself in, your thread headline is childish nonsense.

Santander are not going to gain from this.

grumbler

opinions4u wrote: »

Santander are not going to gain from this.

It's not unknown for some thieves to steal and pass the proceeds to charities. They are not gaining either, but this doesn't mean anything.

Azelphur

innovate wrote: »

On which of your accounts is the block?

My main Santander current account.

opinions4u wrote: »

Regardless of the situation you find yourself in, your thread headline is childish nonsense.

Santander are not going to gain from this.

Santander are up £14,200? it's similar to how paypal freezes peoples assets for long periods of time and profits off the interest.

meer53

If a transaction is disputed, it's only the transaction amount which is involved. If the transaction was a bank transfer, there won't be any dispute as only card transactions can be charged back. As Grumbler says in post #2 it sounds more likely that your account is frozen for some other reason. Santander aren't stealing anything, all you can do is wait for them to deal with your complaint.

opinions4u

grumbler wrote: »

It's not unknown for some thieves to steal and pass the proceeds to charities. They are not gaining either, but this doesn't mean anything.

I thought you were smarter than that.

Azelphur wrote: »

Santander are up £14,200? it's similar to how paypal freezes peoples assets for long periods of time and profits off the interest.

Any gain is tiny and will be more than swallowed up by the cost of the administration involved.

innovate

Azelphur wrote: »

My main Santander current account.

So you did make business transactions on your current account. As a previous poster has mentioned, that might be the reason for the block.

If you have nothing to hide, why don't you present the details of your transactions to Santander so they can remove the block?

grumbler

opinions4u wrote: »

I thought you were smarter than that.

I am really sorry to disappoint you