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Section 75 claim (DCS)

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Comments

  • smala01
    smala01 Posts: 154 Forumite
    Isn't it a better approach to argue that this was a fraudulent transaction, since the payment was taken by a company that is in no relation to the document you have on the share certificate? You authorized a transaction to XYZ ltd but the transaction was taken by a third party that you have no knowledge of, hence the transaction was in fact unauthorized.
  • Dobbibill
    Dobbibill Posts: 4,201 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    smala01 wrote: »
    Isn't it a better approach to argue that this was a fraudulent transaction, since the payment was taken by a company that is in no relation to the document you have on the share certificate? You authorized a transaction to XYZ ltd but the transaction was taken by a third party that you have no knowledge of, hence the transaction was in fact unauthorized.

    Surely this would be a dispute rather than fraud.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • dj1471
    dj1471 Posts: 1,969 Forumite
    Part of the Furniture 1,000 Posts Home Insurance Hacker!
    smala01 wrote: »
    Isn't it a better approach to argue that this was a fraudulent transaction,
    No. The OP clearly authorised the transaction and received what they paid for.
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