Bank is chargebacking every transaction i made

gloryninja

Hello,

I wont get into too much details on why my santander was closed... but i was sent a fraudulent payment to my account for two PC's i sold totalling £4000.

After 3 weeks, i could not login to my account and apparently they are closing my account and provided no other explanation. I showed invoices and receipts in the branch , and usually it would of been sorted then and there, but i was told i will recieve a letter and apparently, everything seems fine from my end.

Then all of a sudden, anyone i made payments too that was over £200, were getting contacted by there banks saying there account will be closed. This included family, friends and clients.

Over 25 people were impacted... santander requesting money back from these people and 3 peoples account was closed because of this. I do not understand why they did this?

Many assume i purposely requested a chargeback when i did not, and has now ruined my financial state and my business.

I had one person come to my home with a darn baseball bat because he thought it was me who purposely claimed the money back ... when it was santander. I actually got into a fight, self defence but i was raging due to what santander did to me and my reputation which now is ruined because of someone who sent me £4000 fraudulently . This has become seriously dangerous now.. i am blocked from my main source of income as well since the website assumes it was all me.

I cannot provide to much details but is santander allowed to do this? My brother was impacted and so was my friends ... luckily they had to go bank and sort it out.

What was the purpose of this? I was physically attacked because of this as well and santander refuses to give me an explanation!

Please help!

TO ADD : There is nothing from the past that validates there reason behind this.

The only thing i can think about is the payment that was made to my account. Even when i showed them proof of purchase... it was not enough. But why are they targeting everyone else? People now consider me a thief ? The amount of threatening text and emails ive received ... i do not know what to do

Browntoa

Your account has obviously raised some red flags on their systems , large churning of cash possibly , the fraudulent payment you mentioned , who knows.

£4000 is alot for 2 PCs and if that is your normal level of transactions on what sounds like a private account , not a business account

The bank has a legal responsibility to identify money laundering and fraud

jonesMUFCforever

OP reading some of your past posts you must be one of the most unlucky people on the planet.

I don't believe a word of it to be honest the bit about 25 cases of accounts being closed unless you were part of some huge fraud ring - if you were of course you would not be on here telling about it would you?

eschaton

jonesMUFCforever wrote: »

OP reading some of your past posts you must be one of the most unlucky people on the planet.

I don't believe a word of it to be honest the bit about 25 cases of accounts being closed unless you were part of some huge fraud ring - if you were of course you would not be on here telling about it would you?

Unlucky doesn't even cover it

[Deleted User]

Another forum fantasist.

YorkshireBoy

jonesMUFCforever wrote: »

I don't believe a word of it to be honest the bit about 25 cases of accounts being closed

25 were "impacted", of which only 3 were closed...allegedly!

Ben8282

You say
Then all of a sudden, anyone i made payments too that was over £200, were getting contacted by there banks saying there account will be closed. This included family, friends and clients.
My brother was impacted and so was my friends ... luckily they had to go bank and sort it out.
Why are you making payments of over £200 from your account to family and friends. This is hardly normal is it?
And by the way it's their not there and were my friends not was my friends..

Badger50

Over 25 payments over £200 comes to more than £5000. The OP thought there was £4000 in his/her account which in fact had either been fraudulently removed or frozen as suspicious.Either way it wasn't available to spend. So it seems quite probable that the bank simply declined to let the OP overdraw and ended the banking relationship. But what were all those £200+ payments for? And £4000 for 2 computers sounds very odd, not to mention someone coming round with a baseball bat. If true it all sounds extremely dodgy.

Badger50

10 Mar 18 "TO ADD : There is nothing from the past that validates there reason behind this."

22 Feb 18 "Aqua Card closes my account no notice sent"

https://forums.moneysavingexpert.com/discussion/5799295

Flobberchops

I have never heard of a bank contacting non-clients to request funds back from an account that's under review.

Gentoo365

If someone is coming to your house with a baseball bat to demand payment then maybe you are in the wrong kind of business.