In a joint bank account, if a co-owner commits fraud does that make me liable?

timer Asked: Dec 29th, 2012

Question Description

Basing this on a US bank account, but the fraudulent activity occurred in another state without my knowledge as I was overseas when the fraudulent activity happened. I also intend to report the co-owner but I just want to make sure I am not liable and won't suffer from any consequences such as not being able to make another bank account. 

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