Banks accused of forging Customer's
signatures
An influential committee of the House of Commons has urged the Police to investigate what is described as large scale forging of signatures of Customers by Banks in repossession cases.
The Head of the influential Treasury Committee has requested the Financial Conduct Authority and the National Crime Agency to investigate these allegations. It is said that there was evidence that within Banks persons other than the authorised signatory had signed documents before taking possession of a Customer’s home. These allegations were confirmed by the Chief Executive of the Financial Conduct Authority.
The Committee asked the Financial Conduct Authority to engage with the Bank Signature Forgery Campaign, an organisation dedicated to investigating allegations of inappropriate signing of documents by unauthorised persons in Banks, in order to firm up on evidence in relation to the allegation of widespread incorrect signing of documents particularly in repossession cases.
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This document is for information purposes only and does not purport to represent legal advice.
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