Here's how to protect yourself from losing thousands of dollars at the bank
Viewers from across the country are responding to a Bay Area man's struggle to find out what happened to his money. And the Consumer Financial Protection Bureau receives tens of thousands of complaints about banking mistakes. Here's how to protect your money. abc7ne.ws/3AVHMH3
#banks #moneylost #consumerfinancialprotectionbureau
Пікірлер: 36
Well? What can we do to protect our money? This video was cut off?
So he deposit the check payable to BOA instead of his own name. Did Wells Fargo issue the wrong cashier’s check?
@ohkay7418
2 жыл бұрын
It was deposited in his account should not matter once in his acct should not matter. And fdic should make it right
"Pay to the order of"...... duh!
Your title was pure click bait! You told me nothing, NOTHING about how to protect my money. What a waste of time this was.
What happened to the rest of the video??? Looks cut off.
@wesleyrodgers886
2 жыл бұрын
Banks are VERY powerful 🤫
At 1:08 "He never saw that money again" is misreporting the news. He got his money back, all of it!
Check the security camera records & ALWAYS GET A RECEIPT
Really interesting story till it cutoff mid sentence...hope they repost.
Mistake 1 making the check payable to the BoA rather to himself. Could have it payable to cash, though less safe. Mistake 2, not putting For Deposit Only and his account number on back of check
B of A could never keep my account balanced over 47 years ago, twice, so I took my money out and transferred to another bank. Best decision I ever made in banking.
Your money probably safer under the bed than a bank .you give them money they give u plastic.all your money long gone once you deposit it.
Anyone who does business with Bank of America is a fool at this point
@donnyo639
2 жыл бұрын
Wells Fargo is much much worse, and probably why this fellow withdrew his money from there in the first place.
@rllr1117
2 жыл бұрын
@@donnyo639 haha. Fair point. But out of the frying pan and Into the fire
Credit Unions are the way to go folks! They do EVERYTHING a bank does, except they actually care about the customer! They often give even MORE benefits, seriously, it will only change your life for the better!
@daughteroftheking4319
2 жыл бұрын
Nope! Wright Patt here in Ohio manager (Elizabeth in Beavercreek) stated that they follow same federal laws. If you’re one day late on car payment, they can take over any other account and seize it, including checking or savings. Happened to me. The banking laws have changed, they don’t have to insure your money like before, and once you deposit, it becomes their money. Credit unions follow these same banking laws! The ONLY safe place for your money is in your hands. These are businesses, in it for profit, no matter how they dress it up.
@OMR6468
2 жыл бұрын
Good luck with those 500% interest charges lol
Why isn't his name on the the check?
@donnyo639
2 жыл бұрын
That is why the BofA "lost" his money. Check should have been payable to "CASH" or himself.
So, was the $33,000 debited from his Wells Fargo account, but not credited to his Bank of America account? If the money remained undisturbed in his Wells Fargo account, then why not simply put a stop payment on the check. However, if the money vanished from his Wells Fargo account, but never appeared in his Bank of America account, then that sure sounds like fraud to me.
People have way too much money.
No receipt?
I had account...don't know what happened to it or getting a new card
Misleading title. They don’t tell you how to be safe.
Stop bank with BOA
They have cameras. Go to Wells Fargo and cancel that Cashiers check.
wow
So here’s how to protect yourself without telling us how to protect ourselves 👌 anyway 33k plus hyperinflation = magic tricks 💰 💨
rob the teller
Sooooo you never said what to do..geez
Weird vid