HC Deb 13 May 1909 vol 4 c2152W
Mr. MacNEILL

asked the Postmaster-General whether his attention has been directed to the opportunities for fraud under the new system whereby any sum amounting to £l is paid away by the Post Office Savings Bank on evidence of deposit book alone; whether he can state the number of cases of fraudulent withdrawal from the Post Office Savings Bank under the system of withdrawal on demand during the last six months; and what steps, if any, do the postal authorities contemplate for the abatement of this evil?

Mr. BUXTON

During the period mentioned by my hon. Friend there were 251 cases of fraud in connection with the Post Office Savings Bank system of payment on demand, involving a total loss of a little over £200. During the same period there were nearly three million withdrawals on demand. This shows, I think, that the system affords a real convenience to the public at a very slight risk. It would not be expedient for me to disclose the steps taken by the Post Office for the detection and prevention of fraud.