HSBC Fraud Query

xlnc99

I made that point before and i had some replies saying that i was wrong and it can be done. So therefore my response was to the people who said it was possible to launder money and do fraud through this method and i was asking them to show me how.

As for the OP - I am just trying to get to the bottom of this and stating facts. So far what the OP has said doesnt make sense. He said he has never used online betting before but you cannot deposit money unless you have registered an account. No-one can register or make an account in someone elses name without having all the details and paperwork. Even then it would be pointless as the money can only go in and out of the OP bank account.

The only possible way fraud was done was if that OP has previous history of signing up to a betting company. The fraudster somehow managed to get his login details and also his bank card last three digits and deposited the funds and just thought to themselves they are going to blow the OP's money for the sake of it. Even though they know they wont be able to get their hands on the money ever.

So basically more vindictive then fraud

[Deleted User]

Chino wrote: »

Because obviously if you haven't heard of something happening then that something cannot possibly have happened.

Is that how you evaluate the likelihood of things happening in life - "I have no experience of something therefore it can't happen"?

They do it all the time.

They also take an opinion of “well I saw it happen to Joe Bloggs so I can get the same treatment”, such as removing legitimate CCJ’s via consent orders on the basis that they make a token payment.

And so on.

boo_star

xlnc99 wrote: »

I made that point before and i had some replies saying that i was wrong and it can be done. So therefore my response was to the people who said it was possible to launder money and do fraud through this method and i was asking them to show me how.

As for the OP - I am just trying to get to the bottom of this and stating facts. So far what the OP has said doesnt make sense. He said he has never used online betting before but you cannot deposit money unless you have registered an account. No-one can register or make an account in someone elses name without having all the details and paperwork. Even then it would be pointless as the money can only go in and out of the OP bank account.

The only possible way fraud was done was if that OP has previous history of signing up to a betting company. The fraudster somehow managed to get his login details and also his bank card last three digits and deposited the funds and just thought to themselves they are going to blow the OP's money for the sake of it. Even though they know they wont be able to get their hands on the money ever.

So basically more vindictive then fraud

Not every gambling site follows the (sensible) rule that people should be reimbursed by the same method they paid in with.

Why you think every gambling site in the world does this is beyond me.

Thrugelmir

boo_star wrote: »

Not every gambling site follows the (sensible) rule that people should be reimbursed by the same method they paid in with.

Why you think every gambling site in the world does this is beyond me.

Care to name them?

GDB2222

Thrugelmir wrote: »

Care to name them?

I haven’t a clue, myself, but I would expect any fraudsters to know.

On that basis, the two in the OP might be on the list.

However, you really have no idea what fraud has been committed. Let me ask a question, purely hypothetical. Suppose these betting sites allow online poker. Could you deliberately lose money from one account to another?

Thrugelmir

GDB2222 wrote: »

However, you really have no idea what fraud has been committed. Let me ask a question, purely hypothetical. Suppose these betting sites allow online poker. Could you deliberately lose money from one account to another?

To say the least would be rather clumsy. As the activity would leave a full trail. Same as if the money was used to match an intentionally placed exchange bet that was guaranteed to lose.

DE_612183

Has the OP also contacted the Betting Company?

GDB2222

Thrugelmir wrote: »

To say the least would be rather clumsy. As the activity would leave a full trail. Same as if the money was used to match an intentionally placed exchange bet that was guaranteed to lose.

So, we seem to have gone from Xinc calling the OP a thief on the basis this fraud is impossible in Xinc's eyes, to me being able to work out a possible mechanism in 30 seconds. And bear in mind that I don’t use online betting sites. So, yes, I may not have thought up the best fraud, but I’m not in the business.

Possibly, an apology to the OP is in order, but I’m not holding my breath.

Ergates

xlnc99 wrote: »

I made that point before and i had some replies saying that i was wrong and it can be done. So therefore my response was to the people who said it was possible to launder money and do fraud through this method and i was asking them to show me how

You're asking people to tell you how to commit fraud? Seriously?

navidson

xlnc99 wrote: »

Well this is bogus and quite frankly not beliveable.

First of all when you deposit money into these online betting companies they have to do a ID check to make sure its you. That includes passport, licence, home address etc. They also need your full card number and security code at the back. Second of all there is no purpose or scam involved with betting companies because there is nothing to gain. You are not allowed to withdraw the money to anyone else and it must go back to the card you paid in from or if its not a negative balance a bank account that you own.

I have never heard of fraud where someone puts in your money into a betting company which is your own account because they cannot do anything with the money! It has to come back to you! Doesnt make sense.

Well i'm terribly sorry that you don't believe what i'm saying - I'm not really sure how to respond to your post without resorting to unsavoury language TBH!