Money games are not new. For every day they kept the $6K Comcast earned the interest which was not returned. It would have cost Comcast a great deal more IF it had gone to court.
Sunshine and spotlights are the only thing available to the taxpayer to expose bad deeds. FCC Complaints are pretty good a at exposing bad deeds too.
It's just hilarous. Banks have federal rules in place to prevent this from happening, maybe its time to bring that same scrutiny to the rest of the private sector
There is different levels of banking. Some have federal oversight and some have state oversight. Credit Union are different than banks, and even then they have different levels of oversight.
I opened a checking and savings at "state" bank with the idea of moving SS to it because it was closer to home. I never did but I made regular deposits to the saving account. I didn't pay any attention to checking statements I didn't write any checks. Two months later I found MY checking account was being used by a stranger to deposit and write checks. ??? I called the main bank and talked to the CFO who did absolutely nothing. When I closed the account the teller what SHE should do with the money in it? WTF? I'd been telling her for 30min it wasn't mine. I couldn't get out fast enough.
I had money in a credit union for years. When I found a $10K "gift" I immediately called. It was removed while we talked. There was a one digit difference in the account numbers. -- Mac: No windows, No Gates, Apple inside
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