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$20,000+ Abruptly Drained From Wells Fargo Account, Customer Says Bank Refuses To Reimburse After Promising To Return Funds

A Wells Fargo customer says the bank refuses to reimburse her account after scammers stole her entire life savings. The…

December 28, 2024

Bank Executive Allegedly Drains $4,277,227 From Customers’ Accounts in 11-Year Scheme: Report

Federal prosecutors say an employee at Oklahoma-based BOK Financial Securities drained millions of dollars directly from customers' accounts. William Shane…

December 23, 2024

8,358 Bank Customers Exposed As Billion-Dollar Lender Reveals Data Breach, Warns Social Security Numbers and Account Details at Risk

A billion-dollar US bank is warning thousands of customers of a major data breach. According to a filing with the…

December 21, 2024

JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $870,000,000 To Scammers on Zelle, Forcing Victims To ‘Fend for Themselves’: CFPB Lawsuit

Customers at JPMorgan Chase, Wells Fargo and Bank of America have collectively lost $870 million to scammers on Zelle in…

December 20, 2024

$15,000,000 Fine Hits US Banking Giant After Employees Allegedly Drain Millions From Wealthy Customers’ Accounts

Morgan Stanley's wealth management arm will pay a multi million-dollar penalty after allegedly failing to stop four former financial advisors…

December 14, 2024

Billionaire Warren Buffett Bets $120,000,000,000 on Two Assets After Dumping Bank of America, JPMorgan Chase, Wells Fargo

Billionaire Warren Buffett is now betting a whopping $120 billion on just two assets. The chairman and CEO of Berkshire…

December 14, 2024

US Banks Witness 1,000% Surge in Digital Scams As JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $166,000,000 on Zelle in One Year: Report

US banks are witnessing a massive surge in sophisticated digital scams, according to a new report. The number of social…

December 14, 2024

JPMorgan Chase Refuses To Reimburse Customer After $7,000 Abruptly Drained From Bank Account: Report

A JPMorgan Chase customer says the bank has refused to reimburse him for more than a year after $7,000 was…

December 13, 2024

Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report

A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state,…

December 13, 2024

US Bank Regulator Terminates ‘Legal Loophole’ That’s Draining $5,000,000,000 From Customer Accounts Per Year

A US bank regulator says it's shutting down a "legal loophole" that's costing customers $5 billion in fees per year.…

December 12, 2024