APP Scams – liability of the receiving bank

The articles on our website have been following the way that the English courts have been trying to deal with the rising tide of diverted payment or Authorised Push Payment (APP) fraud.  In any APP fraud, there are two banks involved: the Paying Bank that pays money to the fraudster and the Receiving Bank which […]

APP Scams – a chink of light for victims?

In an article last year, we outlined how English law is wrestling with the problem of how to do justice between a number of different parties who are all the victims of fraud. There has been an interesting development which offers some hope to victims of the fraud and will concern the banks that paid […]