Bankfraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. In many instances, bank fraud is a criminal offence. While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime.
Types of bank fraud
Fraudsters may seek access to facilities such as mailrooms, post offices, offices of a tax authority, a corporate payroll or a social or veterans' benefit office, which process cheques in large numbers. The fraudsters then may open bank accounts under assumed names and deposit the cheques, which they may first alter in order to appear legitimate, so that they can subsequently withdraw unauthorised funds.
Despite the clear case of fraud, Weimer says the bank refuses to forgive the fees ... The victim’s caretaker spoke with a BofA representative, who told him that the bank’s decision was final ... According to Behnken, the bank then said it’s taking another look at the case and a “positive resolution” may be on the horizon.
Wadhawan, currently incarcerated for his involvement in the multi-crore YesBank fraud, sought urgent medical bail on November 29, citing health issues requiring surgical attention ... Dheeraj Wadhawan was arrested by the CBI in April 2020 in connection with the Yes Bank-DHFL fraud.
... and her husband, Deepak Kochhar, in a loan fraud case, according to a LiveLaw report ... Kochhar and her husband were granted bail by the Bombay High Court in January after their arrest by the CBI on December 23, 2022, in connection with the Videocon-ICICI Bank loan fraud case.
This is the case feds should have brought against Hunter Biden in the first place ... Former PresidentDonald Trump’s 2016 campaign chairman Paul Manafort was sentenced in 2018 to 60 months behind bars specifically for FARA violations related to his work in Ukraine, plus another 30 months for tax and bank fraud and witness tampering.
CRANE ON THE CASE... In these cases it said it can sometimes consider a 'partial refund' ... In your case, NatWest told me things had been held up not by admin delays but by the bank's fraud checks ... It is frustrating this wasn't communicated to you, but you did eventually pass the fraud check so the money is now on its way ... CRANE ON THE CASE.
Agnes Chow was trapped in Hong Kong, had her passport seized and was branded a "foreign agent" after years as one of the city's most prominent democracy activists ... Trump's Lawyers Miss CriticalDeadline to Challenge Gag Order in $250 Million Fraud Case as Trump's Followers Harass Law. Big US banks balk at new capital rules in Senate hearing ... ....
... significant as dangerous and highly addictive pharmaceuticals, defective medical devices, asbestos and mesothelioma, wildfires, environmental contamination, fraudulent banking practices, e-cigarettes, motor vehicles, federal whistleblower cases, and other consumer fraud issues.