15 Attorneys General Demand Answers From Bank of America, Alleging Lender Shutters Accounts Over Customers’ Religious and Political Views

April 21, 2024 The Daily Hodl

Account

15 state attorneys general are demanding to know whether Bank of America is closing accounts over customers’ religious and political views. Jason S. Miyares, Attorney General of Virginia, leads a 15-state Republican coalition alleging the banking giant has a history of “viewpoint-based debanking,” and has one of the worst rap sheets in the business for […]

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$21,000 Drained From Bank of America Account As Customer Blasts Industry’s Push To Protect Trillions of Dollars

April 20, 2024 The Daily Hodl

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A Bank of America customer says he lost tens of thousands of dollars after bad actors found a way to hijack his account. California resident Jeff Drobman says the theft began when his phone abruptly came alive with multiple notifications from his Bank of America app, reports NBC Los Angeles. “I started to get notifications […]

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$2,000,000 Stolen From Bank of America Account in Devastating Scam, Triggering Lawsuit for Alleged Negligence, Breach of Contract and Violation of Federal Law: Report

April 6, 2024 The Daily Hodl

bank

An elderly woman who lost millions of dollars to scammers is hitting Bank of America (BofA) with a lawsuit over allegations of negligence, breach of contract and violation of federal law. Lynne Bucklin, a 67 year-old Florida resident, says BofA failed to adequately protect her from a scheme that drained $2 million from her accounts, […]

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Bank of America Allegedly Takes $3,600,000 Treasure Trove From Customer, Refuses To Return Millions in Assets: New Lawsuit

March 16, 2024 The Daily Hodl

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A new lawsuit accuses Bank of America of abruptly seizing and refusing to return millions of dollars in assets that belong to a customer. The complaint alleges BofA cracked open a safe deposit box belonging to Canadian coin collector Levend Coskun, taking a large collection of gold and silver coins without proper notice. According to […]

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Customer Threatens to Sue Bank of America After Tens of Thousands of Dollars Vanishes Without a Trace: Report

February 24, 2024 The Daily Hodl

bank

A Bank of America customer is considering whether to sue after the lender allegedly lost a certificate of deposit (CD) that has significantly grown in value after nearly 30 years. Realtor Enid Bavard says she bought a $10,000 CD in 1997 – money she set aside to help finance her son’s college education, reports Fox […]

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JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Risk Losing $24,400,000,000 As Number of Troubled Loans Erupt: Report

January 14, 2024 The Daily Hodl

Bank of America

Optimism in the US banking industry is being threatened by a growing pile of bad loans, putting pressure on the sector’s biggest players. Bloomberg analysts say non-performing loans, or loans to debtors that haven’t made a payment in over 90 days, rose to a combined $24.4 billion in the last quarter of 2023 for JPMorgan […]

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Bank of America To Pay $12,000,000 Fine for Repeatedly Breaking the Law, Sending False Information to Regulators

December 4, 2023 The Daily Hodl

Bank of America

One of the largest banks in the country is getting slapped with a multi-million dollar fine from the Consumer Financial Protection Bureau (CFPB). The agency says Bank of America will pay $12 million for repeatedly sending false information to federal regulators. The CFPB says BofA has routinely violated the Home Mortgage Disclosure Act, which was […]

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Bank of America Reportedly Refuses To Reimburse Customer’s Stolen Funds – Until Media Begins Asking Questions

September 10, 2023 The Daily Hodl

Bank of America

One of America’s biggest banks reportedly refused to refund a customer who had her account drained by a scammer – until the bank faced questions from the media. Cheryl Friedman of Norton, Massachusetts says she received a call from a scammer claiming to be an employee at PayPal, leading to thousands disappearing from her Bank […]

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Bank of America CEO Forecasts US Recession in Early 2024 After Fed Hikes Rates to 22-Year High

August 3, 2023 The Daily Hodl

Bank of America

The US will most likely head into a slight recession early next year, according to Bank of America Chairman and CEO Brian Moynihan. In a new FOX Business interview, Moynihan says that the Federal Reserve’s late start to fighting inflation and subsequent aggressive interest rate hikes will probably cause a recession by Q1 of next […]

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US Banking Giant Pays $250,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission

July 11, 2023 The Daily Hodl

US Banking Giant Pays 0,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission

Bank of America

One of the largest banks in the US has agreed to pay a $250 million fine for imposing a series of illegal practices against its customers. According to the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC), Bank of America charged hidden fees, withheld credit card rewards and opened […]

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