Get Adobe Flash player
Google
Highlights

11 September 2015
The class action run by lawfirm Maurice Blackburn v ANZ
Read more...

15 November 2010
And still the banks persist in illegal “con”tracts. Please see the extract from Bankwest’s conditions of use booklet
Read more...

Contact Info
an image
Banks Are Thieves
John Curtis, NSW

Email: john.curtis1951@yahoo.com

Web Counter


Theft from every bank account, every year?


Have you ever looked closely at any of your bank statements?

I used to bank with the CBA.

On my account with the CBA in July 2012 appeared a debit for 14 cents titled Debit Excess Interest. Another for 11 cents appeared in November 2012. Using their 1800 complaint line, both times, (it is my policy NEVER to spend my own money when pursuing a bank for wrongdoing), I asked what a “Debit Excess Interest” charge was. “Ah, that’s a charge for going overdrawn on your Complete Access account”, said the customer service lady at CBA.

“But my account has never been overdrawn”, said I – “check it”. She did, then said “Oh, we appear to have made an error.”

“Yes, but it is an error called theft, a criminal offence, and a civil offence, a TORT, called trespass to property, [trespass to chattels] and which, being a tort, avails both aggravated and exemplary damages on top of ordinary damages” said I. “Meaning that if I were to sue CBA, I could claim on top of costs and ordinary damages of 11 cents, aggravated and exemplary damages of whatever amount I thought the magistrate might think fair to award me, $10,000.00 maybe, as punishment for your civil offence/crime and as an example to discourage others from committing the same offence”.

Being more than a bit busy with a NSW Supreme Court case at that time, I did not want to go through the hassle of filing a Statement of Claim, etc., so I asked for, and received, $50.00 as compensation, each time, paid into my account the same day.

Now, how many accounts does the CBA have? Say 4 million? 25 cents x 4 million = $1 million dollars, extracted painlessly from its customers, the vast majority of which would not bother doing what I did, so the CBA trousers a nice little bent earner – which will pay for some of those executive junkets, or go towards its vastly overpaid CEO’s annual bonus.

In 2011 I got hit by 4 x $6.00 monthly account keeping fees, despite the fact that their fee schedule exempted me from fees as a fulltime university student. Had I not rung the thieving so and sos up, they would have trousered another $24.00 by theft. How many $million of these unlawful fees do they rack up each year? Let’s say a conservative figure of 250,000 accounts at $24.00 each, – that’s another $6 million.

And these are just 2 of the many probably computer generated random unlawful fee programmes they have running, dipping their greedy thieving little mitts into their customers’ pockets.

So, check your statements regularly, get your illegal fees/debits reimbursed, and ask for compensation for their theft – or sue. BanksAreThieves.org is more than happy to sue on your behalf on a no-win, no-fee basis. Well, why not? We’ve not yet lost a case against a bank, and do not believe we ever will.