Submitted by Jonathan Ambler on Tuesday 16th April 2024
Published on Tuesday 7th May 2024
Current status: Closed
Closed: Wednesday 29th May 2024
Signatures: 26
Relevant Departments
Make it a criminal offence for lenders to retain money when fraud is proven
Make it a specific criminal offence for lenders to retain money or assets when it has been proven that a loan was secured fraudulently, such as when someone has been convicted for securing a loan by using a fraudulent signature.
In the event that a signature is forged, a lender can pursue repayments from the person they believe to have signed the loan. To prevent repossession or court proceedings, victims often pay the lender. I believe existing laws are not sufficient and a specific criminal offence for lenders in these circumstances is needed.
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3.145.154.251 Thu, 21 Nov 2024 09:41:34 +0000