My boyfriend realized about 10 days ago that his business checking account had unauthorized charges which cause his accoutn to be over drawn almost $3000. He reported to the bank and closed the acct. He has not filed a police report and that was over a week ago. Im starting to wonder if he might suspect a former girlfriend of the act. How long will a bank give you to report the incident to the police and if he waits too long will the bank hold him liable? Also: his checks nor his bankcard were actually stolen. Someone has the checkcard # and made purchases via phone for game tickets, floral arrangements etc. How can someone make purchases like this via phone without having to give verifying info.?