Advice on bouncing cheque

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jp_1

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Aug 11, 2009
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  • #1
    I've received a letter from my bank stating a company cheque I banked for goods they received has been stopped due to theft.

    I have written to the Ltd company in question.They told me that the theft of the chequebook was reported to their bank and that they have received letters from other co. requesting the funds to be paid. They are not willing to pay for the goods.

    Where do I do from here?

    If relevent my company is LTD also.

    Thank you

    Jay
     

  • #4
    Just to clarify.....your company recieved a cheque for goods sold. You recieved a letter from your bank saying that the cheque had been stopped? You contacted the company and they said the cheque book had been stolen and all cheques had been stopped and then they say they won't issue a replacement?

    So in effect they are saying they aren't paying for the goods recieved? :|

    Just want to make sure i've read this right before answering!
     
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  • #6
    jp_1 said:
    I've received a letter from my bank stating a company cheque I banked for goods they received has been stopped due to theft.

    I have written to the Ltd company in question.They told me that the theft of the chequebook was reported to their bank and that they have received letters from other co. requesting the funds to be paid. They are not willing to pay for the goods.

    Where do I do from here?

    If relevent my company is LTD also.

    Thank you

    Jay
    Click to expand...

    First point - what was wrong with the responses given in the post you started yesterday on the same topic!?

    What is not clear from above or indeed yesterdays post is where you delivered the goods. Have the company who had the cheque book stolen (ABC) had the goods (can you prove it?) or is it a question of a third party stealing a cheque book and ordering goods for their own use - i.e. nothing to do with the ABC?

    Also not sure what this means : they have received letters from other co. requesting the funds to be paid.

    Does this mean it is not just you who have been defrauded?
     
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  • #7
    GRDCredit said:
    First point - what was wrong with the responses given in the post you started yesterday on the same topic!?

    What is not clear from above or indeed yesterdays post is where you delivered the goods. Have the company who had the cheque book stolen (ABC) had the goods (can you prove it?) or is it a question of a third party stealing a cheque book and ordering goods for their own use - i.e. nothing to do with the ABC?

    Also not sure what this means : they have received letters from other co. requesting the funds to be paid.

    Does this mean it is not just you who have been defrauded?
    Click to expand...

    Oooh Geoff you're a bit moody today :p

    I do agree though the post doesn't make any sense hence my posts asking for clarification - as usual though waiting for OP to get back :eek:
     
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    jp_1

    Free Member
    Aug 11, 2009
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  • #10
    Apologies guys.

    I could not find my thread from yesterday!!!! I think I need glasses!

    OK the cheque was written instore and given to me for goods purchased from the store. The guy took the goods and left.

    I banked the cheque and a few days laterr received a letter to say it had been stopped.

    As the cheque is a company cheque I did not query it.
     
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  • #12
    Sorry to say this then but I think you will lose the money. Imagine your cheque book was stolen and the thief used it to buy £400 worth of goods in a shop. You would not be paying would you?

    What you must do is report it to the police. I would like to think the bank have but don't rely on it. If the company are trying to pull a fast one then police involvement might make them suddenly realise that they did in fact use the cheque but again I doubt it.

    What sort of things do you sell? Are they consistent with what the company does?

    I assume no CCTV or anything and no signature apart from that on the cheque?

    It is unusual for a company cheque book to be stolen unless it was an inside job and this may be an avenue the police will explore.

    Sorry - but money has gone I think

    Geoff
     
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  • #13
    GRDCredit said:
    Sorry to say this then but I think you will lose the money. Imagine your cheque book was stolen and the thief used it to buy £400 worth of goods in a shop. You would not be paying would you?

    What you must do is report it to the police. I would like to think the bank have but don't rely on it. If the company are trying to pull a fast one then police involvement might make them suddenly realise that they did in fact use the cheque but again I doubt it.

    What sort of things do you sell? Are they consistent with what the company does?

    I assume no CCTV or anything and no signature apart from that on the cheque?

    It is unusual for a company cheque book to be stolen unless it was an inside job and this may be an avenue the police will explore.

    Sorry - but money has gone I think

    Geoff
    Click to expand...

    Gosh i must be slow today......i get you now! So the company the cheque was from are saying that they had nothing to do with purchashing the goods and they were in fact done with a stolen cheque! It's all clear now!

    What do you sell and what does the company do who "bought" your goods?
     
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    jp_1

    Free Member
    Aug 11, 2009
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  • #14
    Well as the cheque was a Ltd company cheque I looked up the address from Companies House. I sent them a letter stating I received advice from my bank on the stopped cheque as it was reported stolen. I requested a reissue of the cheque within 7 days.

    I then received a phone call a few days later from the company saying the chequebook was stolen so effectively not their problem.

    FYI the amount owed is £450
     
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  • #16
    jp_1 said:
    As the cheque is a company cheque I did not query it.
    Click to expand...

    Sorry - but the opposite is true. With a limited company cheque you have none of the protection of cheque cards etc which even if it did not cover the cheque value would have proved ID

    jp_1 said:
    I sell Luxury sunglasses. The company who's chq was used has no relation to this.
    Click to expand...

    How many pairs of sun glasses can you buy for £450!

    I have to say - and it is easy to be wise after the event - but the whole transaction would have smelled iffy to me. How many times do you have a customer paying for sunglasses using a limited company cheque

    Very definitely a police matter now.
     
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