If someone called into my bank and pretended they were me, was able to verify all of the required information on the account, canceled two of my savings accounts, and had a cashier's check issued for the balance of both accounts, can the cashier's check be canceled so that it cannot be deposited, due to forging my signature?
You would be wise to notify the bank of its error in honoring the withdrawal requests, because the bank may be able to refuse payment on its cashier's check under a limited set of circumstances. However, your primary focus should be on getting the bank to restore your accounts to the balances they held before the bank was duped. Whether or not the bank is able to refuse payment of the cashier's check should not have any effect on whether you are entitled to have the funds restored to your account. For safety's sake, the accounts should actually be re-opened under different account numbers.
The bank will probably not be leaping at the chance to restore your funds. You may experience some reluctance on its part, particularly if the bank isn't able to block the cashier's check payment. It would be an excellent idea to be ready with an attorney at your side if the bank tries to drag its heels.
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