Hi i have just gone to check my sons(15) bank statement at nationwide and it shows all his money has been withdrawn. he had over £800 and now only has around £1 left. i asked him if he withdrew the money but he says no. could you tell me if this is fraud and what i can do about it to get the money back. It is not a debit card but a cashcard and it looks like all the money has been taken out from the same cashmachine at different days. i know this as on the statement it said £100 has been withdrawn on a monday, and another £100 on wednesday and it has been withdrawn from a cashmachine because that is the daily limit. £100. What i dont understand is that how can someone use a cashcard without a pin number. All the money has been taken from a cashmachine in a natwest branch. Could you tell me if i should contact the police or if the bank will do that and what exactly will the police do. eg Will they come to my house for an intervire or something and how exactly will they help. Thanks
2007-09-25 06:05:09 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
First make sure your son has not withdrawn the money, if he hasn't then report this to the bank the police are only involved if you want them better stick with the bank, also check with your son did he give his pin number to anyone to get money on his behalf. Good luck in tracking it down.
2007-09-25 06:12:59 · answer #1 · answered by rogerlifescence 3 · 0⤊ 1⤋
Are you absolutely sure that your son hasn't withdrawn the money? Was he in school or at home during the times the money was withdrawn?
There are 'skimming machines' which are attached to the front of ATM's by criminal gangs. These capture the data held on the card and a small camera catches the pin as you key it in. They then make a fake card and already know the pin.
Ask the bank if there has been any other complaints of fraud at the ATM machine.
Go to the police. Apart from that I don't know.
2007-09-25 06:20:25 · answer #2 · answered by Anonymous · 0⤊ 1⤋
It's not possible to use the card without the pin number ..
However it's quite easy to 'clone' the basic 'magnetic strip' on the card (and most cash machines still rely on the mag. strip and NOT the 'chip' to validate the card)
.. and it's also quite easy to discover some-ones PIN number by looking over their shoulder when they use the card ... the Police arrested a guy hiding in a doorway opposite a Cash machine in our town centre with a TELESCOPE (they only got him because some-one thought he had a shotgun)
Of course it's even easier for one of his 'mates' to have discovered the pin number and then 'borrowed' his card ..
.. and kids are being 'mugged' for their mobile phones every day, so beating a pin number out of some kid found with a cash card must be like 'taking candy from babies' ..
2007-09-25 09:02:53 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋
If you are absolutely sure that your son had nothing to do with it you should make a report and then inform the bank of the loss. They will likely check video footage of the times during which the money was withdrawn so make sure that your son knows that they'll prove who took the money before starting this procedure and if it was him, he will be held responsible.
2007-09-25 06:13:40 · answer #4 · answered by Lex 7 · 0⤊ 1⤋
Tell the Police and the Nationwide NOW.
It sounds as if the card has been cloned.
Natwest may have CCTV cameras; Nationwide may have a fraud protection scheme.
Fifteen years old with £800 cash available = STUPID!!!!
2007-09-25 06:24:51 · answer #5 · answered by Anonymous · 1⤊ 1⤋