New Fraud - Can Anyone Can Give Anyones Account Details for Direct Debit and Payment Goes through

Karen59 on 05/05/2023 - 16:24

I recently observed a direct debit from SuperLoop broadband on my bank account statement.

I though this is odd as my broadband provider is not SuperLoop. I called them up and found out someone has given my bank account BSB and Account number and to direct debit from my account ?

Is it that easy? I would think bank details are generally shared and not as secure as credit card details usually.
I called the bank and reported the issue not sure if I will get my money back but isn't this ridiculous?

Also people that are doing this fraud by just giving someone else account number for direct debit how can they be held accountable?

Financial

Comments

  • mskeggs on 05/05/2023 - 16:26
    +6

    Let me guess. MyRepublic is your isp and you always read any messages from them?
    https://www.ozbargain.com.au/node/765187

  • Karen59 on 05/05/2023 - 16:31

    No I am with another ISP but someone gave by bank account to Superloop broadband on direct debit.

    • PissLUR on 05/05/2023 - 16:35

      My Republic?

      • Karen59 on 05/05/2023 - 16:36

        No I had nothing to do with My Republic at any time. My ISP at home is Telstra.

    • Protractor on 05/05/2023 - 20:46

      Sounds like TPG.

      Offshore strangers & their fangs into your ID, your data, your emails and (AFAIK) your DD payment account/card details. It's perverse that this country allows offshore handling of our data. We can't even keep it safe onshore.

      If your ISP has or had offshore during your tenure maybe there's your answer

  • echelon6 on 05/05/2023 - 16:32
    +1

    Only very established businesses can get a DD facility from a bank. They would be very ID'ed by the bank before they get the power to DD bank accounts. Credit / debit cards are much easier, even hobos can charge cards.

    • freefall101 on 05/05/2023 - 16:43
      +6

      Can confirm, I have a square card reader and look like a hobo most of the time.

  • Karen59 on 05/05/2023 - 16:33

    SuperLoop does not care whos bank account details you give out for direct debit.
    Is it that easy for anyone to give anyone's bank account for direct debit and the payment goes through

    • freefall101 on 05/05/2023 - 16:42
      +6

      It is that easy. It's also incredibly easy to get caught, which is why it's not a very common kind of fraud. Only services provided to a fixed address tend to be allowed to do this (electric companies can do it too).

      More likely it's a typo. Because you've got to be pretty stupid to commit fraud when they've verified your name and address.

      • Sinnerator on 07/05/2023 - 09:22

        considering half the people in Sydney live in SHARED accommodation, who amongst the randoms you are living with committed the fraud?
        <with immigration this number will be 75% in 3yrs>

        • freefall101 on 07/05/2023 - 12:26

          at that rate over 100% of people in Sydney will be in shared immigration by the end of the decade, where will the madness end?

  • thatonethere on 05/05/2023 - 16:51

    The manual dd forms can sometimes be approved with typos etc. Eg i know my bank doesnt check signatures.

    If your bank has it get an alert when new dd is added (or ask them every month or so for a list if they dont)

  • EightImmortals on 05/05/2023 - 16:59
    +1

    So wouldn't the bank and superloop be able to track the deduction back to the fraudster?
    It has to be matched against a superloop account and address somewhere?

    • Guybrush57 on 05/05/2023 - 17:03
      +1

      Yes, it would be matched to an account. It may not be a fraudster. It could be an unintentional error but SuperLoop and the bank should be able to get to the bottom of it.

  • deme on 05/05/2023 - 17:38
    +1

    New Fraud

    This is old, but good news it's the banks and merchants that are responsible not you so chill.

  • HardQuiz on 05/05/2023 - 18:30
    +2

    Interesting.

    2 out of your 3 posts is about fraud.

    • Wiadro on 05/05/2023 - 20:19
      +1

      OP is committing fraud, probably

    • dcep on 05/05/2023 - 21:06
      +1

      just getting started , exploiting all those data breaches to profit from

    • JIMB0 on 05/05/2023 - 21:08
      +3

      They're trying to reverse engineer the scam.

  • Mechz on 05/05/2023 - 22:08
    +3

    It's been happening for a very long time, just ask Jeremy Clarkson.

  • prisonmike on 06/05/2023 - 08:25
    -1

    MyRepublic?

  • Protractor on 06/05/2023 - 23:27

    Did they just find TPG/ iinets offshore staff>

    https://www.abc.net.au/news/2023-05-06/philippines-rescues-m…

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