I recently received a check in the mail for $19,000 from a business I don't know. I deposited it into the bank and then they froze my account. I called and they said the check was fraudulent. 2 weeks later and now they have closed my bank account. Luckily, I didn't spend any of the money. When I called the
I recently received a check in the mail for $19,000 from a business I don't know. I deposited it into the bank and then they froze my account. I called and they said the check was fraudulent. 2 weeks later and now they have closed my bank account. Luckily, I didn't spend any of the money. When I called the bank they said that the check was real and cleared, but it was fraudulent.
Will the bank report me to the police as a criminal? Should I be looking for a lawyer?
the matter dont end at the end of your story
the bank will report it to the police
the police will contact you and want to know who you got it from and why you got it
This is where you will need a good plausible story
If you say you just got it in the post from somebody you dont know for no reason and deposited it – its likely (very likely) you will get arrested
If you aint got evidence this is what happened, such as the envelope you got it in, then you could be in deep sh//t
and THEN you will need a lawyer.
(slight correction to "stoo"
you dont have to "know" for a fact its a fake to be responsible. you just have to have a reasonable suspicion it is and not do anything about it. And NOBODY gets a cheque for 19k from somebody they dont know for no reason and not be suspicious its a fake.)
No. IN the future don't deposit checks from unknown sources
No, the bank won't report you to the police. If you had withdrawn any of the money, they would demand it back and if you didn't give it back, then you could be prosecuted.
But, having your account closed could cause you problems in the future in doing business with other banks, besides the inconvenience of having your account closed.
it is very possible they closed your account on the premise this was a fraudulent transaction may be or may be not perpetrated by you, this will be found in their investigation
since you did not use the money and the bank is not out any chances are your financial reputation is not hampered
the bank may allow you to open a new account, but this old one is now 'damaged' and needs to be closed
No, but you have probably hurt your credit rating. Why in the world would you think that someone would send you a legitimate check for $19,000?
What would make you deposit a check for $19k from a company you don't know?
Yeah, you could be in trouble if the bank pursues a complaint of attempted fraud. I would get a lawyer lined up, not to put them on retainer but have a number to call if the police show up at your door and arrest you. Alternatively, it wouldn't be a bad idea to talk to an attorney now and find out how much trouble you could be in and your best course of action. In thinking about this, I would go with the second option, it's more proactive than waiting for the police and wondering if they are going to show up.
Yes, you should get a lawyer, and you should let them know you have posted a public confession on Yahoo!Answers. Brilliant.
Why would you deposit a $19,000 check; knowing that you hadn't done anything for that money to be sent to you? That was an extremely stupid thing to do.