JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

September 21, 2024 The Daily Hodl

JPMorgan Chase, Wells Fargo and Bank of America Lose ,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge

US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its new Quarterly Banking Profile report, the FDIC says US banks reported $21.3 billion in net charge-offs in the second quarter of the year, due […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of 0 Trillion in TradFi Capital

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase Allows 35 Strangers To Access Customer’s Credit Card in Financial ‘Fiasco’: Report

September 20, 2024 The Daily Hodl

bank

A JPMorgan Chase customer is looking for answers after the bank abruptly allowed 35 unauthorized users to access her credit card. Northern California-based Jodi Hayes says she discovered a long list of unknown names were granted access to her card while she was on vacation, reports ABC 7 News. While on a cruise, Hayes says […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase ‘Knowingly Assisted’ $119,000,000 Ponzi Scheme, New Lawsuit Alleges

September 14, 2024 The Daily Hodl

JPMorgan Chase ‘Knowingly Assisted’ 9,000,000 Ponzi Scheme, New Lawsuit Alleges

bank

Banking giant JPMorgan Chase is accused of knowingly enabling an alleged Ponzi scheme targeting retail investors. Plaintiff David Stapleton alleges the bank boosted an obvious fraudulent scheme orchestrated by Sanjeev Acharya, the CEO of Silicon Sage Builders, which resulted in significant financial losses for investors. Stapleton says Acharya raised more than $119 million from 250 […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

$197,500,000 To Be Handed To Customers at JPMorgan Chase, Wells Fargo, Bank of America and Other US Lenders in Massive Visa and Mastercard Settlement

September 13, 2024 The Daily Hodl

7,500,000 To Be Handed To Customers at JPMorgan Chase, Wells Fargo, Bank of America and Other US Lenders in Massive Visa and Mastercard Settlement

ATM

Visa and Mastercard are preparing to pay a massive settlement to US bank customers over controversial ATM fees. The settlement will resolve allegations that the payment giants conspired with JPMorgan Chase, Wells Fargo, Bank of America and other unnamed lenders to keep ATM surcharges artificially high. Specifically, Visa and Mastercard are accused of colluding with […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

$10,000 Tax Bonus Should Be Handed To Struggling American Workers Every Year, Says JPMorgan Chase CEO

September 7, 2024 The Daily Hodl

Chase

JPMorgan Chase CEO Jamie Dimon says he supports changes to the tax code that would give working Americans and their families more relief from the IRS. In a new interview with PBS NewsHour, Dimon says the Earned Income Tax Credits (EITC) should be expanded and apply to all low and mid-income workers, regardless of whether […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase Allegedly Allows $205,542 Withdrawal After Bank of America Warns Cash Is Stolen, Belongs To Customer

September 7, 2024 The Daily Hodl

bank

JPMorgan Chase is accused of allowing hundreds of thousands of dollars to exit a scammer’s account after the bank was warned of fraudulent activity. A new lawsuit from Massachusetts-based Baystate Health says the health care company fell for an email scam in November of 2022 and wired $700,000 to a fraudulent account at JPMorgan Chase. Baystate […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase Insider Drains Customers’ Accounts, Lifts $12,948 in Cash From ATMs: US Bank Regulator

September 7, 2024 The Daily Hodl

Account

A US regulator says a former JPMorgan Chase employee has admitted to stealing thousands of dollars from customers’ accounts and from the bank’s ATMs. The Office of the Comptroller of the Currency (OCC) says Roberto Garcia, a former Chase personal banker, stole approximately $12,948 from the bank while serving as an ATM custodian in Miami, […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase Takes $29,900,000 Loss On LA Apartment Complex in Deal With ‘Mega Landlord’: Report

September 2, 2024 The Daily Hodl

Chase

JPMorgan Chase has reportedly unloaded a major real estate investment in Los Angeles, taking an eight-figure loss. JPM’s Investment Management division has sold a large apartment complex in LA’s Little Tokyo district in a deal with a “mega landlord,” The Real Deal reports. Records show the bank bought the complex on 232 East 2nd Street […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase Customers Extract Cash From ATMs Using Supposed Bank ‘Glitch’ – And Immediately Regret It

September 1, 2024 The Daily Hodl

ATMs

An illicit method of extracting cash from JPMorgan Chase ATMs is going viral. Posts and videos are spreading across social media of a supposed “glitch” that appears to be centered on depositing fake checks into the bank’s ATMs. Once a fake check is deposited, customers are then withdrawing a portion of the funds that are […]

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

JPMorgan Chase, Bank of America and Wells Fargo Allegedly Reap Billions of Dollars on Backs of Misled Customers As Lawsuits Hit Multiple Financial Giants

August 31, 2024 The Daily Hodl

bank

A growing number of US banks are accused of routinely misleading customers in a push to pocket billions of dollars. JPMorgan Chase is now facing a proposed class action lawsuit for allegedly shifting customers’ idle cash into accounts with extremely low interest rates without proper disclosure. The bank joins Wells Fargo, Bank of America and […]

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Chase

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