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Infolawyer, Lawyer
Category: Consumer Protection Law
Satisfied Customers: 53574
Experience:  Licensed attorney helping individuals and businesses.
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Puchased a cashier check for a investment told me his name

Customer Question

puchased a cashier check for a investment told me his name was ....... in reality his name was differant.he signed his fancy scible and bank didnt check for id for pay to order of name the and depositted into his account are they liable or responcible for paying the wrong person
Submitted: 2 months ago.
Category: Consumer Protection Law
Expert:  Infolawyer replied 2 months ago.


Expert:  Infolawyer replied 2 months ago.

If they made an error, and wrongly gave funds to the wrong party, they would be liable to the party that needed to get the funds. Normally one would pursue the bank and the person who wrongly took the funds - seeking to collect from both, but the bank is in a better position usually to pay.

If they refuse, you can threaten complaint to the department of banking, lawsuit, complaint to the attorney general etc.

A lawyer may also send a letter demanding payment.

Expert:  Infolawyer replied 2 months ago.

Let me know if that is clear.

Expert:  Infolawyer replied 2 months ago.

Kindly rate me good or excellent, thank you.

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