Following a tip-off from a banking insider, he realised that it was possible to recover losses from bank transfer fraud. Initially the focus was on the victim's own bank but Jack soon realised that there were ways to provide evidence of banking negligence against the receiving bank, and in March 2016 he established BankBusters, which is a group of volunteers who obtain fraudulent bank account details directly from the criminals who set them up.
By passing this financial intelligence on to banks, the police and the financial regulators, these accounts can be closed down within minutes. In addition, the same intelligence can be used as evidence against a receiving bank in fraud recovery operations. Jack Buster has featured in several national newspapers in the UK, on BBC Radio 4 and 5Live and on numerous BBC, ITV, STV, Channel 4 and Channel 5 television programmes highlighting automated push payment fraud