JPMorgan Chase and Wells Fargo Reimburse 4% or Less of All Scams Reported by Customers on Billion-Dollar Payments Network: Report

August 2, 2024 The Daily Hodl

bank

JPMorgan Chase and Wells Fargo are refusing to reimburse the vast majority of customers who send their money to scammers, according to a new report. New numbers from the US Senate’s Permanent Subcommittee on Investigations show Chase reimbursed 2% of scams reported on the instant payments network Zelle in 2023. That compares to 4% at […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

$2,393,288 Drained From Customers’ Bank Accounts As Insider Falsifies Records, Transfers Funds to Herself and Family: US Department of Justice

July 28, 2024 The Daily Hodl

bank

A US banker has admitted to stealing millions of dollars from customers’ accounts in a 15 year-long scheme. The U.S. Attorney’s Office for the Western District of Missouri says 36-year-old Megan Lea Dougherty has pleaded guilty to one count of bank fraud for looting $2.393 million from over a dozen Exchange Bank of Missouri customer […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

JPMorgan Chase, Wells Fargo and Bank of America Refuse To Reimburse $863,000,000 To Customers, Accused of ‘Repeated, Relentless Failure’ To Protect Victims of Fraud

July 26, 2024 The Daily Hodl

Bank of America

A US Senate investigation is shedding light on just how often America’s big banks refuse to reimburse victims of fraud. The Permanent Subcommittee on Investigations says JPMorgan Chase, Wells Fargo and Bank of America collectively refused to reimburse $863 million in Zelle transactions that customers reported as fraud between 2021 and 2023. Specifically, the banks […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M

July 25, 2024 Bitcoin.com

Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at M

$48 million

With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet that began […]

Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal

July 21, 2024 The Daily Hodl

bank

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game with their customers’ money, according to US Senator Richard Blumenthal. The Democrat and Chairman of the Permanent Subcommittee on Investigations has released a statement as a Congressional hearing on millions of dollars in fraud on […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

$83,000,000,000,000 Transfer of Wealth Kicks Off – With Trillions Shifting To Spouses Before Being Surrendered To Next Generation: Report

July 19, 2024 The Daily Hodl

Daily Hodl

A historic transfer of wealth is now in motion as trillions of dollars held by older generations are moved down the line. And according to a new report, one under-explored facet of the transfer is just how much money is about to move “horizontally.” In its 2024 Global Wealth Report, UBS says that within the […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

Scammer returns $9.3M DAI to victim 10 months after phishing them

July 15, 2024 Coin Telegraph

Scammer returns .3M DAI to victim 10 months after phishing them

Allowance Function

In a strange turn of events, a phishing scammer has returned a large portion of funds it stole from a victim last September.

A phishing scammer has suddenly returned nearly $9.3 million to a victim after stealing $24 million from them in a phishing attack last September.

First noticed by Scam Sniffer on July 13, the scammer used Dai (DAI) stablecoin to return the funds across two transactions last week.

The first transfer saw $5.23 million returned on July 8, while another $4.04 million was sent on July 13 at 12:06 pm UTC, Etherscan data shows.

Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

Bank Executive Steals $250,000 From Customers, Directly Accessing Bank Accounts To Fund His Lifestyle: US Department of Justice

July 7, 2024 The Daily Hodl

Account

The U.S. Department of Justice says a former bank manager has admitted to stealing over a quarter million dollars from customers to fund his own spending habits. The DOJ says 53-year-old Eric Jason Schouest of Plaquemine, Louisiana, has pleaded guilty to embezzlement and bank fraud. Prosecutors say Schouest admitted to using his power as a […]

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Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

Wells Fargo Illegally Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court

July 7, 2024 The Daily Hodl

bank

Wells Fargo is facing a new proposed class-action lawsuit, accused of breaking the law by forcing customers to accept responsibility for unauthorized transfers. The suit, filed by Jennifer Rice and Erik Westervelt in a Pennsylvania federal court, alleges Wells Fargo routinely violates the Electronic Funds Transfer Act by not reimbursing victims for their losses. In […]

The post Wells Fargo Illegally Claims Customers Are Liable for Unauthorized Transfers, Say Victims of Bank Fraud, As New Class-Action Lawsuit Filed in Federal Court appeared first on The Daily Hodl.

Worldcoin (WLD), SPX6900 (SPX) and Three Under-the-Radar Altcoins Flashing Bearish Signal: Santiment

JPMorgan Chase, Bank of America and Wells Fargo To Testify After Allegedly Refusing To Reimburse $115,000,000 To Customers on Zelle: Report

July 7, 2024 The Daily Hodl

Bank of America

JPMorgan Chase, Bank of America and Wells Fargo have reportedly agreed to testify at a US Senate hearing over hundreds of millions of dollars in fraud on the payments network Zelle. Executives involved in the banks’ payment operations are expected to appear on July 23rd, reports Politico, citing sources who were allowed to speak anonymously […]

The post JPMorgan Chase, Bank of America and Wells Fargo To Testify After Allegedly Refusing To Reimburse $115,000,000 To Customers on Zelle: Report appeared first on The Daily Hodl.

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