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No; the bank won't do anything because the transaction isn't unauthorized which is the operative word in the law.
by NovemberWhiskey 4y ago
No; the bank won't do anything because the transaction isn't unauthorized which is the operative word in the law.
- LorenPechtel 4y agoOk, yeah, same concept. I'm saying the transaction was initiated by the person, thus the transaction is not fraud. They were defrauded into making the transaction, but the fraud happened with the person, not the bank.
- NovemberWhiskey 4y agoRight but the distinction is important - c.f. the confused people on the other branch on the thread.