.....after it wrongly granted fraudsters a loan with his details

Payday lender company Wonga raided a 15-year-old schoolboy’s bank account after it allowed criminals to take out a loan using his details in one of the most serious cases of fraud among hundreds to have plagued the lender. Legally borrowers must be 18 years old in order to obtain a loan but Wonga failed to check the details of Simon Oliver, now 16, from East Sussex, when they were used by a fraudsters. The case, highlighted in a report by BBC Watchdog to be broadcast tonight on BBC One at 8pm, echoes those reported by This is Money in the past year and brings into question once again the checks Wonga performs before it grants loans. The first Simon knew of a problem was when he tried to withdraw money during a school trip to Switzerland. He only found out that he had been a victim of fraud, and that Wonga had taken £260 from his bank account to reclaim the debt, when he returned home......Read more here