Banks duties to fraud victims: Clearly unclear - National Post

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF2ICh04ivKNksU0bzXGJ kawkLL_Aamp;url=http://business.financialpost.com/2012/09/05/banks-duties-to-fraud-victims-clearly-unclear/img src=//nt0.ggpht.com/news/tbn/nAgPIqSHhVayeM/0.jpg alt= border=1 width=80 height=60 /br /font size=-2National Post/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF2ICh04ivKNksU0bzXGJ kawkLL_Aamp;url=http://business.financialpost.com/2012/09/05/banks-duties-to-fraud-victims-clearly-unclear/bBanks#39; duties to bfraud/b victims: Clearly unclear/b/abr /font size=-1bfont color=#6f6f6fNational Post/font/b/fontbr /font size=-1Back in the 1990s, the Supreme Court of Canada ruled that if a bank has actual knowledge that a customer is up to no good, that bank is on the hook to the victims if that customer goes ahead and commits a bfraud/b. But that#39;s a specific situation. It#39;s b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d26_pEh8q5nvLbMnobrb/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNF2ICh04ivKNksU0bzXGJkawkLL_A url=http://business.financialpost.com/2012/09/05/banks-duties-to-fraud-victims-clearly-unclear/)