Legal Question in Credit and Debt Law in California

Fradulent Check

I had a marketing company send me a check in the amount of $2,000 and I deposited into my savings account. The money was available and I withdrew 1,000 of it and left the rest. The bank calls me a week later telling me that the check was no good and the company doesn't exist. Am I liable for the type of transaction? I bank with the State Employees Credit Union? Am I liable?


Asked on 6/14/06, 4:35 pm

1 Answer from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

Re: Fradulent Check

Yes, you are liable. It is not the bank's fault that you accepted a fraudulent check. You spent money before confirming that it was a good check, so this is your responsibility.

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Answered on 6/14/06, 4:46 pm


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