Misuse Of Facility

What is Misuse of Facility?

Misuse of Facility is one of several Cifas Fraud Types, where someone obtains an account/policy or other facility with the deliberate intent of using that facility for a fraudulent purpose.

Cifas members record and share information about suspected frauds between themselves to combat crime and to keep the cost of credit down for consumers.


Q: What counts as Misuse of Facility?

A: There are a number of ways you can be found guilty of Misuse of Facility, but the common theme is using your account or finances to commit fraud. This can include:

  • Being paid to keep laundered money in your account, then transferring it elsewhere
  • Selling your bank account for use by someone else
  • Paying someone knowing the payment will bounce
  • Taking out credit you have no intention of repaying

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