Your son was a money launderer, says TONY HETHERINGTON
Tony Hetherington is Financial Mail on Sunday's ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below.
Ms M.D. writes: I hope you can assist my son Jack. In 2017, when he was 17, he had his Barclays account unexpectedly closed. When we pressed, Barclays explained that someone had deposited money in his account from an account which was 'flagged'.
Since then, Jack has been blacklisted by every financial institution in the country. He cannot have a bank account.
Fraud prevention body the Credit Industry Fraud Avoidance System (Cifas) confirmed there is some - thing recorded against his name, but will notremove it as it feels Barclays acted with a valid reason.
Tony Hetherington replies:Intentionally or unintentionally, your son was a young, naive money launderer. He is now paying the price for letting other people pass thousands of pounds through his bank account so their dodgy dealings would be traced back to Jack and not to them.
Your letter says that 'someone' deposited money in his account, which makes it sound as if the cash was never withdrawn and came as a complete surprise to him. But when I asked for details, you explained that Jack had been operating a small business with a friend, buying clothing that they reckoned they could sell online at a profit.
Jack decided to try this on his own, and found himself doing business with someone who asked for his bank details. Jack gave his full online bank account details, and even his address and phone number everything that was needed to allow deposits and withdrawals to be made.
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