| Anti-hijacking services. [message #390292] |
So, 21 Mai 2006 19:43 |
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What are these anti-hijacking services? How do they work? Are they
worth it?
What exactly is this hijacking of companies anyhow?
Thanks.
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| Re: Anti-hijacking services. [message #390303 ] |
So, 21 Mai 2006 22:36 |
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AllButOne wrote:
> What exactly is this hijacking of companies anyhow?
They send forms to companies house changing the directors and registered
office to themselves. Then they use the company's excellent credit rating
to open bank accounts, and take out loans in the company, and run away with
the money.
Companies House don't check the signatures on the forms they receive, so
this works quite easily.
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| Re: Anti-hijacking services. [message #390366 ] |
Mo, 22 Mai 2006 21:34 |
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Jonathan Bryce wrote:
> AllButOne wrote:
>
>
>>What exactly is this hijacking of companies anyhow?
>
>
> They send forms to companies house changing the directors and registered
> office to themselves. Then they use the company's excellent credit rating
> to open bank accounts, and take out loans in the company, and run away with
> the money.
>
> Companies House don't check the signatures on the forms they receive, so
> this works quite easily.
Don't you have to provide a passport when opening a bank account. I
know I did. How do they get around this?
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| Re: Anti-hijacking services. [message #390386 ] |
Di, 23 Mai 2006 11:14 |
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> > AllButOne wrote:
> >>What exactly is this hijacking of companies anyhow?
> >
> Jonathan Bryce wrote:
> > They send forms to companies house changing the directors
> > and registered office to themselves. Then they use the
> > company's excellent credit rating to open bank accounts, and
> > take out loans in the company, and run away with the money.
> >
> > Companies House don't check the signatures on
> > the forms they receive, so this works quite easily.
>
"AllButOne" wrote
> Don't you have to provide a passport when opening a
> bank account. I know I did. How do they get around this?
Ermmm - limited companies incorporated in (eg)
England&Wales are not allowed to "travel" outside
England&Wales, so they don't get to have passports!
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| Re: Anti-hijacking services. [message #390393 ] |
Di, 23 Mai 2006 15:12 |
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AllButOne wrote:
> Don't you have to provide a passport when opening a bank account. I
> know I did. How do they get around this?
They provide their own passport presumably.
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| Re: Anti-hijacking services. [message #390416 ] |
Mi, 24 Mai 2006 02:04 |
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In message <NuadnUys3_4IT-_ZRVnytg [at] bt.com>, Tim <me [at] home.uk> writes
>> Don't you have to provide a passport when opening a
>> bank account. I know I did. How do they get around this?
>
>Ermmm - limited companies incorporated in (eg)
>England&Wales are not allowed to "travel" outside
>England&Wales, so they don't get to have passports!
Right, but their officers and account signatories do (or driving
licences)
--
John Boyle
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| Re: Anti-hijacking services. [message #390417 ] |
Mi, 24 Mai 2006 09:51 |
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> >> Don't you have to provide a passport when opening a
> >> bank account. I know I did. How do they get around this?
> >
> "Tim" wrote
> >Ermmm - limited companies incorporated in (eg)
> >England&Wales are not allowed to "travel" outside
> >England&Wales, so they don't get to have passports!
>
"john boyle" wrote
> Right, but their officers and account
> signatories do (or driving licences)
But the officers & account signatories
don't need to provide passports or driving
licences to open a Ltd Co bank a/c ...
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| Re: Anti-hijacking services. [message #390418 ] |
Mi, 24 Mai 2006 10:22 |
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Tim wrote:
> "john boyle" wrote
>> Right, but their officers and account
>> signatories do (or driving licences)
>
> But the officers & account signatories
> don't need to provide passports or driving
> licences to open a Ltd Co bank a/c ...
Anytime I've looked they do. Well the have to provide something with a
photo on it, and that is usually what they have.
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| Re: Anti-hijacking services. [message #390422 ] |
Mi, 24 Mai 2006 10:36 |
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> > "john boyle" wrote
> >> Right, but their officers and account
> >> signatories do (or driving licences)
> >
> "Tim" wrote:
> > But the officers & account signatories
> > don't need to provide passports or driving
> > licences to open a Ltd Co bank a/c ...
>
"Jonathan Bryce" wrote
> Anytime I've looked they do. Well the
> have to provide something with a photo
> on it, and that is usually what they have.
Not in my experience (two different banks).
The usual bank statements / utility bills sufficed (no photo).
BTW - why do you think a bank operating an a/c online &
via telephone (only), would even want to ask for a *photo*?
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| Re: Anti-hijacking services. [message #390461 ] |
Mi, 24 Mai 2006 20:37 |
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In message <U-CdnWkF-r-khunZRVnyuw [at] bt.com>, Tim <me [at] home.uk> writes
>Not in my experience (two different banks).
Not recently I reckon.
>The usual bank statements / utility bills sufficed (no photo).
>
>BTW - why do you think a bank operating an a/c online &
>via telephone (only), would even want to ask for a *photo*?
So they can prove to the money laundering bods they asked for it! Dont
forget, there is no common sense in this at all.
--
John Boyle
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| Re: Anti-hijacking services. [message #390462 ] |
Mi, 24 Mai 2006 20:36 |
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In message <6_KdnewB0cAsjenZRVny3w [at] bt.com>, Tim <me [at] home.uk> writes
>But the officers & account signatories
>don't need to provide passports or driving
>licences to open a Ltd Co bank a/c ...
Yes they do.
--
John Boyle
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| Re: Anti-hijacking services. [message #390467 ] |
Mi, 24 Mai 2006 22:59 |
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Jonathan Bryce wrote:
> AllButOne wrote:
>
>
>>Don't you have to provide a passport when opening a bank account. I
>>know I did. How do they get around this?
>
>
> They provide their own passport presumably.
Surely opening a business bank account demands the same ID as opening a
personal account, since the company director is an individual subject to
the same ID requirements. That is what happened to me when I opened a
business account with Bank of Scotland - they needed my passport.
So I do not understand how the crooks get round this issue?
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| Re: Anti-hijacking services. [message #390485 ] |
Do, 25 Mai 2006 10:15 |
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AllButOne wrote:
> Surely opening a business bank account demands the same ID as opening a
> personal account, since the company director is an individual subject to
> the same ID requirements. That is what happened to me when I opened a
> business account with Bank of Scotland - they needed my passport.
>
> So I do not understand how the crooks get round this issue?
They fraudulently appoint themselves as directors of the company, and then,
as directors of the company, use their own ID to open a bank account.
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| Re: Anti-hijacking services. [message #390501 ] |
Do, 25 Mai 2006 13:42 |
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> "Tim" wrote
> >Not in my experience (two different banks).
>
"john boyle" wrote
> Not recently I reckon.
Just a couple of years ago [2004].
Has it changed in the meantime?
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| Re: Anti-hijacking services. [message #390517 ] |
Do, 25 Mai 2006 19:58 |
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Jonathan Bryce wrote:
> AllButOne wrote:
>
>
>>Surely opening a business bank account demands the same ID as opening a
>>personal account, since the company director is an individual subject to
>>the same ID requirements. That is what happened to me when I opened a
>>business account with Bank of Scotland - they needed my passport.
>>
>>So I do not understand how the crooks get round this issue?
>
>
> They fraudulently appoint themselves as directors of the company, and then,
> as directors of the company, use their own ID to open a bank account.
This seems very silly - they are bound to get caught if they do it in
their own names!
Why would they do this?
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| Re: Anti-hijacking services. [message #390530 ] |
Do, 25 Mai 2006 22:30 |
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In message <uJSdnTr6E8fcBejZRVnyig [at] bt.com>, Tim <me [at] home.uk> writes
>> "Tim" wrote
>> >Not in my experience (two different banks).
>>
>"john boyle" wrote
>> Not recently I reckon.
>
>Just a couple of years ago [2004].
>Has it changed in the meantime?
Money Laundering rules have been tightened up since. The Govt have
pledged to relax them so watch this space!
--
John Boyle
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| Re: Anti-hijacking services. [message #396354 ] |
Di, 13 Juni 2006 08:34 |
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On Thu, 25 May 2006 17:58:35 GMT, AllButOne
<jefielwjflw [at] opefpoewkfpewkfw.com> wrote:
>Jonathan Bryce wrote:
>> AllButOne wrote:
>>
>>
>>>Surely opening a business bank account demands the same ID as opening a
>>>personal account, since the company director is an individual subject to
>>>the same ID requirements. That is what happened to me when I opened a
>>>business account with Bank of Scotland - they needed my passport.
>>>
>>>So I do not understand how the crooks get round this issue?
>>
>>
>> They fraudulently appoint themselves as directors of the company, and then,
>> as directors of the company, use their own ID to open a bank account.
>
>This seems very silly - they are bound to get caught if they do it in
>their own names!
>
>Why would they do this?
They would use fake ID.
--
Peter Saxton from London
peter [at] petersaxton.co.uk
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