A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank and Goldman Sachs are on the list of major banks who have hired one of the best conservative trial lawyers to draft the lawsuit, reports Semafor. Eugene Scalia, son of […]
The post JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report appeared first on The Daily Hodl.
JPMorgan Chase is pointing the finger at its own customers after the sudden disappearance of $24,000. Eric Nickolas and his wife Brenda say the money abruptly left their joint bank account in four transactions and none of them were authorized, reports the NBC-affiliated news station WCMH. The couple filed two claims and were denied both […]
The post JPMorgan Chase Refuses to Reimburse Couple After $24,000 Exits Bank Account in Burst of Fraudulent Transfers appeared first on The Daily Hodl.
Security experts are warning millions of Apple users about a new scam designed to extract your sensitive personal and banking information. The scam comes in the form of several fake iCloud text messages containing malicious links, reports Trend Micro. Here’s a look at the fake alerts: CLOUD SERVICE TERMINATION. Upgrade now or lose your stored […]
The post Apple Security Alert Issued As New Scam Drains Bank Accounts, Steals Personal Info appeared first on The Daily Hodl.
A Wells Fargo customer says the banking giant should have raised a red flag when $147,000 was drained from her account in less than an hour. Judith Anderson says she recently received a call from a number that appeared as “Wells Fargo” on her phone, reports NBC San Diego. But the number was spoofed and […]
The post Wells Fargo Approves $147,000 in ‘Abnormal’ Transactions, Denies Responsibility After Customer’s Account Drained: Report appeared first on The Daily Hodl.
Several major banks are confirming the spread of a new banking scam that utilizes the unusual name “Jet Frog”. News.com.au is warning millions of banking customers to watch for pending withdrawals labeled Jet Frog on their credit and debit card statements. One of the first victims to speak out on social media reportedly spotted a […]
The post Fraudulent ‘Jet Frog’ Withdrawals Hit Bank Accounts As Millions Warned To Watch for Unusual Activity appeared first on The Daily Hodl.
A Bank of America customer says she’s stunned after losing control of her phone and watching $17,000 disappear from her bank account in a matter of minutes. And to make matters worse – the bank’s two-factor authentication system (2FA) was a key element of the criminal’s success. Sharon Hussey says an impostor recently walked into […]
The post $17,000 Stolen From Bank of America Account in ‘Stunning’ Phone Hack – Why Two-Factor Authentication ‘Hijacked Everything’ appeared first on The Daily Hodl.
The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based banking giant. The US agencies say the Industrial and Commercial Bank of China (ICBC) will pay a total of $32.4 million for failing to follow the Bank Secrecy Act and Anti-Money Laundering laws, neglecting to […]
The post World’s Largest Bank To Pay $32,400,000 for Violating Bank Secrecy Act, Backdating Documents and Exposing Confidential Information appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission says JPMorgan Chase will pay an $18 million fine for actively working to stop customers from reporting illegal activity at the leading US bank. In a press release, the SEC says JPMorgan routinely asked retail clients to sign confidential release agreements if they had been issued a credit or […]
The post JPMorgan Chase Pays $18,000,000 Fine for Forcing Customers To Stay Silent About Bank’s Bad Behavior appeared first on The Daily Hodl.
JPMorgan Chase says a customer in Utah will not be reimbursed after scammers ripped $20,000 from her account while she was on vacation. Kathryn England was in Florida when someone supposedly from the “fraud department” at Chase gave her a call, reports the NBC-affiliated news station KSL-TV. The man on the other end told England […]
The post Scammers Drain $20,000 From JPMorgan Chase Account As ‘Banking Loophole’ Leaves Customer Without Protection: Report appeared first on The Daily Hodl.
A North Carolina couple who says a pile of money mysteriously vanished from their account has been denied reimbursement from banking giant Wells Fargo. Susan Cheek says she and her husband quickly noticed when $1,200 was sent from their Wells Fargo bank account to Western Union in two unauthorized transactions, reports the CBS-affiliated news station […]
The post Wells Fargo Refuses to Reimburse Customers After Mysterious Withdrawals Discovered – Here’s Why the Bank Won’t Budge appeared first on The Daily Hodl.
