Financial Fraudster News Investigations can reveal that the Cooperative Bank Plc expropriated a former client bank account deposits following a bogus claim by serial fraudster David Richard Smith following false claims that he was a victim of fraud to his bankers Halifax.
The expropriation has continued without the Cooperative Bank giving their former customer any schedule to access the funds illegally held by the bank following false allegations the bank chose to act on without consulting their former customer resulting in substantial losses, harm and embarassment for the unwitting victim.
Smith attempted to bolster his claim by reporting the matter to the Metropolitan Police Service who following an investigation dropped the investigation due to findings that revealed that the retired RAF engineer had manufactured a series of lies that he was a victim of fraud.
Smith immediately faced legal action from the Cooperative Bank's former customer for fraudulent misrepresentation and defamation following false allegations made to his bankers Halifax and the police. The Cooperative Bank's former customer brought proceedings against Smith in the county courts, Smith failed to defend the bogus allegations that has seen a judgment awarded against him.
It was revealed in the evidence that Smith was a serial litigant who brought claims that were totally without merit against several, solicitors, barristers, and power of attorney's whom he employd that have represented him over 20 plus civil claims that have ended in failure and has left Smith in deep financial problems.
Financial Fraudster News Investigations has spoken to the Cooperative Bank's former customer and owner of the paralegals firm who wanted anonymity, stated: “In May I found out that the bank had frozen my funds whilst trying to buy groceries during a the lockdown, later the bank said that a complaint of fraud had been made, I was shocked and concerned that my bank simply believed the bogus allegations without any attempt to verify the details.” I immediately started legal action against the bank submitting a pre-action letter and detailing the events, the bank did not reply within the prescribed period, so I started legal action.”
The Cooperative Bank’s former customer further stated: “I received legal paperwork from the bank’s [Cooperative Bank] legal department which was an application to set aside the claim founded in fraudulent misrepresentations made by their solicitor identified as Louise Atkinson who stated falsely that no business account applications were submitted or that the provision of any banking services or facilities existed or receiving or dealing with any complaints from the Claimant.”
Financial Fraudster News Investigations has been shown court filings and emails that show that Louise Atkinson a solicitor bound by the Solicitor’s Code of Conduct and the Cooperative Bank has misrepresented the truth, the Paralegals firm’s spokesperson has stated that the evidence is overwhelming that the Cooperative Bank has acted despicably and has filed documents designed to mislead the court.
Financial Fraudster News Investigations will keep readers updated with the developments of the forthcoming court proceedings.
The Cooperative Bank Plc has declined to comment.
