Madhukar Planet: 2009

Saturday, April 11, 2009

A curious case of Forgery - Dont let this happen to you !!

This is one of the unfortunate incidents that I heard this year which has happened to my neighbour.

Its a case of cheating, forgery & a well known bank not being able to detect this forgery.
My neighbour is one of the newly arrived from Maharashtra & comes around as a friendly, good natured person. He newly joined a company here in Bangalore & got his salary account opened from a "well known bank".

After a few months, he decided to visit his hometown, It was after coming back that he was surprised that his salary account showed a decline of Rs. 20,000/- mysteriously !!!
He rushed to his bank to find out how this has happened. He was told that a person named ""so & so" whom he has never heard of, in his whole life had taken away hard cash of Rs. 20,000/- using a bearer cheque which was duly signed by his signature !!!

My neighbour was petrified to look at the signature as it was an exact match of his own signature. The only difference being that it was glaring to one's eyes that the signature was not a confidently signed one as the curves in the signature seem to have been slowly penned.

My neighbour questioned the bank about this signature saying that it does not match his signature as his signature contains confident curve strokes on the cheque.
Also the handwriting on the cheque was also questionable which had closely matched with my neighbour's handwriting.

Ny neighbour explained the bank that he had never issued any cheque to this "so & so" person whom he had never known in his whole lifetime !!!
He asked the bank if they asked him to produce any photo identity proof before honouring the bearer cheque. The bank did ask for a photo id proof & he had produced his Driving License !!!

Now all my neighbour has is a xerox copy of the alleged cheat's DL. My neighbour has lost hopes of getting back his money as he has lost trust in either the bank or even the police. On the contrary he is scared that the police might trap him into unnecessary issues for which he does not have time to spend on......

All I can say is that please be careful about your cheque books & dont let it get into the hands of unknown persons. Be very careful when you are handing over cheques to other parties or banks or for any kind of bill payments.