Comments on: How does bank get paid for fraud claims? http://www.secretfinance.com/blog/how-does-bank-get-paid-for-fraud-claims/ Thu, 17 May 2012 20:11:58 +0000 http://wordpress.org/?v=2.7 hourly 1 By: charles w http://www.secretfinance.com/blog/how-does-bank-get-paid-for-fraud-claims/comment-page-1/#comment-2489 charles w Thu, 17 Dec 2009 12:05:16 +0000 http://www.secretfinance.com/blog/how-does-bank-get-paid-for-fraud-claims/#comment-2489 First, Paypal is not a bank and they are not bound by any banking laws. Your bank will likely get the money back from Paypal. Make sure that you file a police report. The fact that someone was able to get your banking information is a problem and you want to make sure that there is a paper trail (police report) for the next time. I would suggest that you close the account and open one at another bank.<a href="http://www.currencyexchangemarket.com/international-currency-exchange.htm"> charles w</a> First, Paypal is not a bank and they are not bound by any banking laws. Your bank will likely get the money back from Paypal.

Make sure that you file a police report. The fact that someone was able to get your banking information is a problem and you want to make sure that there is a paper trail (police report) for the next time.

I would suggest that you close the account and open one at another bank. charles w

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