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Thousands Drained From Elderly Man’s Bank Account in Sophisticated ‘Hi Dad’ Email Scheme As Lender Remains Silent: Report

Thousands Drained From Elderly Man’s Bank Account in Sophisticated ‘Hi Dad’ Email Scheme As Lender Remains Silent: Report

An elderly parent is reportedly devastated after scammers contacted him via email masquerading as his own daughter. Françoise Schorosch says the criminals said all the right things to her father online, perfectly mimicking the way she writes partially in German and partially in English, The Guardian reports. The style of scam has been dubbed the […]

The post Thousands Drained From Elderly Man’s Bank Account in Sophisticated ‘Hi Dad’ Email Scheme As Lender Remains Silent: Report appeared first on The Daily Hodl.

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Three US Banks Reveal Data Breaches, Exposing Hundreds of Customers’ Personal and Account Information

Three US Banks Reveal Data Breaches, Exposing Hundreds of Customers’ Personal and Account Information

Three US banks are warning customers that their sensitive personally identifiable information has been exposed. In a filing with the Office of the Vermont Attorney General, Citizens Bank says it suffered a breach in the first half of this year. “On July 10, 2024, Citizens was alerted to an incident where images containing your personal […]

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Wells Fargo, Bank of America Customers Lose Thousands of Dollars To Bank Impostor Scams – How One Victim Got Her Money Back

Wells Fargo, Bank of America Customers Lose Thousands of Dollars To Bank Impostor Scams – How One Victim Got Her Money Back

A pair of bank customers, one at Wells Fargo and the other at Bank of America, say they’ve been hit by similar scams – but only one got their money back. Maine business owner Amy Kelly says she recently received a call from what she believed was Bank of America, reports the CBS-affiliated news station […]

The post Wells Fargo, Bank of America Customers Lose Thousands of Dollars To Bank Impostor Scams – How One Victim Got Her Money Back appeared first on The Daily Hodl.

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

US Bank Customers Deposit Fake $100 Bills As Police Issue Warning on Counterfeit Cash: Report

US Bank Customers Deposit Fake 0 Bills As Police Issue Warning on Counterfeit Cash: Report

Police in a major US city are looking for suspects as reports of people receiving fake $100 bills spread across the community. Authorities in Clare, Michigan say at least five phony $100 bills were discovered inside an Isabella Bank branch, reports Newsradio WSGW. The bills all carry the same phony serial number and were deposited […]

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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

JPMorgan Chase, Wells Fargo Shares Surge As US Banks Beat Wall Street Expectations

JPMorgan Chase shares are up nearly 5% after the banking giant posted surprising strong Q3 earnings results. Chase reported a 3% increase in net interest income (NII), beating expectations for a decline. NII is the difference between revenue generated from a bank’s interest-bearing assets and its expenses for paying out interest-bearing liabilities. JPMorgan’s earnings per […]

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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Taiwan Regulators Plan Crypto Custody Trial Next Year With Local Banks: Report

Taiwan Regulators Plan Crypto Custody Trial Next Year With Local Banks: Report

Regulators in Taiwan are reportedly planning a trial run of crypto custody services in local banks next year. According to a new report by the Central News Agency (CNA), a media outlet backed by the government of Singapore, Taiwan’s Financial Supervisory Commission (FSC) is planning on letting banks trial digital asset custody services starting Q1 […]

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US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs and Citi Battle Shrinking Margins: Report

The biggest banks in the US are preparing to report a third quarter marked by shrinking margins and declining profits, according to a new report. JPMorgan Chase and Wells Fargo release their Q3 earnings on Friday. JPMorgan is expected to reveal a nearly 8% drop in earnings per share while Wells Fargo will likely report […]

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$14,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report

,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report

Wells Fargo says it feels bad for a customer, but refuses to reimburse, after a con artist ripped $14,000 from her account. It all started when California businesswoman Phi Dang was told a large invoice hadn’t been paid, reports NBC Los Angeles. Dang had mailed a $14,000 check and her statement showed it had already […]

The post $14,000 Drained From Wells Fargo Account in Alleged Chemical Con Job – Bank Says ‘Your Money Is Gone’, Refuses To Reimburse: Report appeared first on The Daily Hodl.

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

Swift to Pilot Digital Asset and Currency Transactions in 2025

Swift to Pilot Digital Asset and Currency Transactions in 2025Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges of disconnected platforms. The trials build on successful blockchain experiments, seeking […]

Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan