JPMorgan Chase is now taking legal action against customers who extracted money from the bank’s ATMs using an illicit banking “glitch.” The bank is suing people who allegedly pulled thousands of dollars from the banks’ ATMs over the summer using a check fraud scheme that went viral. The scheme centers on depositing a fake check […]
The post JPMorgan Chase Suing Customer Who Allegedly Pulled $290,939 From Bank Using Illegal ATM ‘Glitch’: Report appeared first on The Daily Hodl.
A JPMorgan Chase customer says she was shocked to see her account abruptly wiped out and placed nearly $50 billion in the negative. Gabe Flores went viral after sharing the story of his friend Maddie, who logged into Chase after a crazy night out and noticed her $76 savings balance had plunged into extremely deep […]
The post $49,999,999,697 Abruptly Exits Chase Bank Account in Massive Withdrawal After Customer Has ‘Crazy Night Out’: Report appeared first on The Daily Hodl.
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.
A Russian court just froze $372 million owned by banking giants JPMorgan Chase and BNY Mellon – cash that the banks were holding in their Russian branches. The move came from the Moscow Region Arbitration Court, reports Reuters, and follows the Ukrainian central bank’s decision to revoke the license of MR Bank, a subsidiary of […]
The post $372,000,000 Frozen at JPMorgan Chase and BNY Mellon As Russian Court Orders Asset Lockdown: Report appeared first on The Daily Hodl.
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 […]
The post $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 appeared first on The Daily Hodl.
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 […]
The post JPMorgan Chase Allegedly Allows $205,542 Withdrawal After Bank of America Warns Cash Is Stolen, Belongs To Customer appeared first on The Daily Hodl.
Cybersecurity researchers say scammers have found a sophisticated way to drain bank accounts directly from ATMs – without needing a debit card in hand. Experts at the cybersecurity software firm ESET say they’ve discovered a dangerous and unprecedented type of malware they’re calling NGate. To begin the attack, scammers deploy a phishing technique to embed […]
The post Scammers Triggering Unauthorized ATM Withdrawals, Draining Cash Directly From Victims’ Bank Accounts: Cybersecurity Researchers appeared first on The Daily Hodl.
A total of 94 US banks are at significant risk of experiencing bank runs by uninsured depositors if they show financial weakness, according to a new report. An analysis from Florida Atlantic University finds the billion-dollar banks in question – which include seven US financial giants – have all reported a 50% or higher ratio […]
The post BNY, State Street and JPMorgan Chase at ‘Serious Risk’ of Bank Runs, Along With 91 US Lenders: Report appeared first on The Daily Hodl.
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.
A US banking regulator says a Bank of America employee has illegally accessed customer accounts, leading to tens of thousands of dollars in losses. The Office of the Comptroller of the Currency (OCC) alleges Manuel Alejandro Ramirez Perez engaged in unsafe or unsound practices and violated laws while working as a relationship banker and credit solutions […]
The post Bank of America Customers’ Information Illegally Accessed and Sold As Renegade Staffer Sparks Fraudulent Withdrawals: US Regulator appeared first on The Daily Hodl.
