RandallFlagg
PROUD Tea Party Member
- Dec 5, 2012
- 8,578
- 2,334
- 280
Some might be surprised to read this (some may not) but as a rule, forewarned is forearmed!
In late November I contacted my bank to send a bank check to a personal friend. The bank (not me) sent the check out as requested. It was deducted from my checking account and sent. A couple of weeks later I spoke with my friend who tells me that he never received it.
I look at my bank statement online and yes, the check had been cashed and was in my statement. I IMMEDIATELY could tell that the check had been altered (Very poorly) and cashed. It looked as though a young child had actually altered the "printed" check that originated at the bank.
I contact the bank and they begin a fraud investigation. I went to the local Police and they, for the most part, told me that it wasn't worth their effort to investigate. Let me add that the check was for $1,395 or, a Class A Felony (Grand Larceny).
The bank investigation has revealed the check was cashed at a Wells Fargo Bank, but Wells Fargo won't release any other details without a subpoena. They have a picture of the felon, as well.
According to MY banks investigators, they will credit my account the money lost, but there "most likely" will be no charges brought against the perpetrator because it isn't "worth their time". The Police department tells me that there is a "million to one chance" that they would ever get the case to court, let alone ever prosecuted.
Moral of the story?
Apparently this is a very profitable business to get into. Crime with little risk and nearly NO chance that you'll ever do time because the Police are too busy writing tickets to go after felons and bank investigators would rather pay out with insurance and just raise OUR rates to cover the expense.
Unbelievable......
In late November I contacted my bank to send a bank check to a personal friend. The bank (not me) sent the check out as requested. It was deducted from my checking account and sent. A couple of weeks later I spoke with my friend who tells me that he never received it.
I look at my bank statement online and yes, the check had been cashed and was in my statement. I IMMEDIATELY could tell that the check had been altered (Very poorly) and cashed. It looked as though a young child had actually altered the "printed" check that originated at the bank.
I contact the bank and they begin a fraud investigation. I went to the local Police and they, for the most part, told me that it wasn't worth their effort to investigate. Let me add that the check was for $1,395 or, a Class A Felony (Grand Larceny).
The bank investigation has revealed the check was cashed at a Wells Fargo Bank, but Wells Fargo won't release any other details without a subpoena. They have a picture of the felon, as well.
According to MY banks investigators, they will credit my account the money lost, but there "most likely" will be no charges brought against the perpetrator because it isn't "worth their time". The Police department tells me that there is a "million to one chance" that they would ever get the case to court, let alone ever prosecuted.
Moral of the story?
Apparently this is a very profitable business to get into. Crime with little risk and nearly NO chance that you'll ever do time because the Police are too busy writing tickets to go after felons and bank investigators would rather pay out with insurance and just raise OUR rates to cover the expense.
Unbelievable......
Last edited: