Get the scoop on finance - sign up for mobile alerts
Fintech
| On
November 30, 2024

JPMorgan Chase Abruptly Terminates 10 Year-Old Girl’s Bank Account, Refuses To Release $2,100 for More Than a Year: Report

By Daily Hodl Staff

JPMorgan Chase abruptly terminated a 10 year-old girl’s bank account for simply cashing a check, according to a new report.

Ten year-old Kinley Maner raised and sold six chickens for a stellar $2,100 at auction, reports the Phoenix-based news station KTVK.

ADVERTISEMENT

Kinley received a check from the Small Stock Association and initiated an electronic deposit using Chase’s mobile app.

But instead of giving her the money, the bank shuttered her account the very next day.

Kinley’s dad, J.R., says the family spent hours talking to representatives at the bank and were told the check appeared to be fraudulent.

“Their ultimate response is that, sorry, Kinley is not going to get her money back.

ADVERTISEMENT

And there’s nothing we can do unless we can verify that check.”

Chase told the family it tried to contact the Small Stock Association and determined that the organization – which is legitimate – is out of service.

After the debacle, a full year later, Kinley still did not have her money back.

At that point, the family contacted KTVK.

Just hours after the news station contacted Chase, J.R. says Chase called Kinley and said they would immediately send her a $2,100 check.

ADVERTISEMENT

“I think, if we wouldn’t have contacted [the media], it was pretty much a dead end. I don’t think we would have got the money back.”

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
&nbsp
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.