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Phantom Withdrawal |
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Phantom Withdrawal A situation in which money is taken from a person's account via an ATM but the bank does not admit bank error and the account holder claims he/she never made the withdrawal. It is a type of identity theft but it may be difficult to determine whether the account holder or the bank is responsible for the loss. Phantom withdrawals are relatively rare. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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