The FDIC insurance is against bank failure not theft. Why that being said, if you can't trust the bank, the bank needs to be shut down. These ACH and electronic transfers and other vulnerability need to be shut down. The bank has 1 job, to secure your money.
@Drknnja Lol 😂if you knew what banks really did then you wouldn't use them. There's a reason why the wealthy keep little to no money in banks. They wealthy through investments, property, and worth such as buildings or companies worth millions or billions.
Inside side job😂..they acknowledge what's going on. I remember a brother and sister work in a bank and they worked together siphoning money from accounts
Navy federal,credit union in san diego has had issues since 911, as bank mgr, employees under investigation but sdpd 🎉was involved in this and many bank when they are getting paid
Whoa! This just made me login to check on my $27 dollars in my account 😅 safe to say it's still there😊 😂. But seriously, what happened to him is awful.
Lol second business day??? I swear they make this BS up as they go. Although I do monitor my account frequently with alerts for everything. I WOULD NEVER BANK WITH WF OR CHASE
@@dallas75241That is a credit union, not a bank. They actually don’t have a good reputation for securing your funds (one hand doesn’t know what the other is doing.) Not bad for a car loan though (maybe a little forgetful there, too.😂 Know your bank’s policies, because banking has been pretty fraudulent since 1998, when Congress decided to unleash them to commence the type of fraud that led to the 1929 crash. Our government betrayed the people when they unleashed finance. Never forget it!
Until they forget that they put money under the mattress or throw out the mattress. My mother did those kinds of things and would forget where she put it so we'd have to check all the furniture all the mattresses
How about this, turn on notifications so anytime you get a deposit or withdrawal you get a text message and not only that, you can actually sign up for push notifications so it hits your cell phone twice.
@@sonyabolden9652 I don't see it as victim blaming. It's educational to those people who don't like to use modern technology against modern technology. These apps cost nothing but a small footprint on your mobile device.
When I kept getting penalized for not taking money out and putting money in a certain amount of times a month, I knew that this bank was full of 💩. Basically a way to nickel and dime me. I instantly too my money 💰 out and closed it.
You need to go to a credit union I've been at mine for 30 years. They don't penalize me for anything. And the fraud department contact you right away. I paid off a bill in September I'm over $900 my banks fraud department called me right away wanting to know if I was the one that paid that big amount.
That's udderly ridiculous because had he went to the bank and tried to withdraw that money he would have had to go through loops in order to withdraw it. So they mean to say that there are no loops to electronically withdraw it.😢
This is just one more reason not to leave your money to the crooks, those who take it and those who hand it over then say it’s your fault or there is nothing they can do!
Wells fargo huh? It was probably Wells Fargo that stole your money. Also they are unable to tell you who authorized that transaction. That in and of it self makes Wells Fargo the responsible party. You gave them your money to be custodian over yet someone took over $100k from you and the custodian of your money is saying they dont know... It is really sad.
Its best to get your monies out of the banks soon as you can, cos' In the next days, the banking crisis would be epic and gigantic. It would be terrible for those unprepared. Recently withdrew $370k from my bank to pump in bonds and stocks of companies with solid cash flows. I believe it is a good time to capitalize on the market for long-term gains, but please how can I gain short term profit?
Yes true, I agree with you. I have been in touch with a brokerage Advisor. With an initial starting reserve of $110k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $640k in months.
@Fionakent123 CHRIS RYAN STEWART' is my portfolio-coach. I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
Take it to court its an easy win, its not our job to monitor it daily, and its federally insured right? Fight for that 150k back, man that could totally pay off all my debt and then some
Robert!! You tell Wells Fargo REGULATION E .. the other institution should have received paperwork stating an un authorized ACH they must return it. I work for a credit union .. we have always sided with our members.. banks suck that's why they are going under
Wells Fargo doesn't let you deposit large amounts of money? ,and definitely doesn't let you withdraw a great amount of money like that 💰 unless it is established, or cyber attack.
Oh, My God Wells Fargo At It Again In I Truly Knows A Few People's That Bank's With Them I'm Praying That They Have Their Money Is Insured With Them Because 😮 If They Don't It's Going To Be Very Bad If Something Like This Ever Happens To Them Especially The Guy That I Truly Knows. He Would Get And Lawyer And Sue Those People's Till They Was Broke Asking For Change On The Corner.
How many people check their bank daily ? No the bank is responsible and they tell you they do. And that it's Federal insured ! Suggestions put the balk of your assets in a Savings account that can not be touched ! Then put your checking account in check ! Remember only trust God with your money ! Use Credit cards to pay bills and online shipping as they will fight for you and replace money quicker then banks. Most people don't know this. I heard theses tips on a financial advisor show etc...
Another common scam is someone calls you pretending to be your bank then they also call your bank at the same time. As you relay your security info to them they are then relaying it to the bank, impersonating you. Then the fraudster will "help you" file a small dollar fraud claim that you won't be super concerned about meanwhile there's someone on the phone with you bank pretending to be you sending out wires or Western Union or transferring money to another internal customer who is also a victim of scam
The bank would never ask for your personal account info over the phone. Wells Fargo don't even ask in person. You have to present a n id or Debit /credit card into a card reader.
Wells Fargo is currently engaged in a Matters Requiring Attention project to fix multiple issues in the mortgage area over more than a decade. It has been going on for a few years at this point. The CEO, Charles Scharf, is essentially axing American employees and outsourcing to India which will only create more problems for the bank because the India employees are incompetent and poorly trained. Charles is doing this to make up for the massive amounts of settlements and legal expenses the company has incurred as a result of it's multiple ongoing scandals. Meanwhile this is contributing to low morale among American employees most of whom had nothing to do with these scandals and he's threatening them with layoffs and has been increasingly for some time now.
Never bank with wells fargo again. . I had an issue years ago Where they open up auto loans without customers knowledge. And I have No car. Check your accounts people.
I bank with them be careful keeping cash I been robbed before in my business even I get direct deposit from another work I’m scaring to walk with lot of cash or keep it anywhere
@@positiveaffirmation2023lose lose situation. You risk being mugged or the bank being slick and stealing from you. Banks aren't safe. Dude in video learned the hard way. Keeping 100,000 in the bank? Dumbest thing anyone could do.