This petition was submitted during the 2019-2024 parliament
Petition Make it a criminal offence for lenders to retain money when fraud is proven
Make it a specific criminal offence for lenders to retain money or assets when it has been proven that a loan was secured fraudulently, such as when someone has been convicted for securing a loan by using a fraudulent signature.
More details
In the event that a signature is forged, a lender can pursue repayments from the person they believe to have signed the loan. To prevent repossession or court proceedings, victims often pay the lender. I believe existing laws are not sufficient and a specific criminal offence for lenders in these circumstances is needed.
This petition closed early because of a General Election Find out more on the Petitions Committee website
26 signatures
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10,000 signatures required to get a government response