EDD Fraud: Federal Judge Issues Sweeping Injunction Against Bank of America

A federal judge issued a preliminary injunction against Bank of America Tuesday in the wake of widespread fraudulent Employment Development Department (EDD) claims totaling billions of dollars. Kenny Choi reports. (6/1/21)

[@matthewraven8859]

Iceland put their bankers into jail. We gave them tens of trillions of dollars.

[@bonnieswenson9925]

But they are still rich and out of jail.

[@mdeborah827]

Yep, banks got bailed out, we got sold out!

[@asamanyworlds3772]

Be like iceland

[@WithoutRemorse12]

@@bonnieswenson9925 It still means accountability.

[@Eclipse1369]

Exactly! Zero priorities square here in this country

[@jessicaberry87]

I've always hated this bank. This is karma for years of unethical practices.

[@brianrusher3617]

How is it karma when they haven't even been forced to refund the money they have frozen or stolen?

[@larrybryant4827]

Hopefully BofA is forced to pay legal fees and damages to all the people.

[@alexrivera4337]

The customers will only get pennies in return it's not the first time Bank of America has been in a lawsuit and lost

[@Trolling85551]

BofA deez nuts

[@brianbrazil4426]

When they get fined they pass on the charges to the customers in new unexplained fees.

[@ryanfgrantjr3009]

I hope so, too, Larry

[@ryanfgrantjr3009]

@@brianbrazil4426 When they get fined, they pass the huge bill to their however many insurance carriers to see what coverage and reimbursement exists per the policy language.....hoping insurance carriers are now responsible to pay out the multi millions in class actions. Probably not alot but yeah, they should pay the rest out of those outrageous bonuses their fat cats get annually vs. upping stupid fees for stupid shittt.

[@Szaone]

As someone once said: Give a man a gun and he'll rob a bank. Give a man a bank and he'll rob the world.

[@Tangsters]

No ones ever said that……

[@AA-in4iv]

Well he just said it, I like it!

[@nebulousJames12345]

Give a man a gun and he’ll protect himself and his family with it. Give a criminal a gun and he’ll rob someone who doesnt have a gun.

[@Szaone]

@@nebulousJames12345 The world is lacking empathy NOT guns!

[@nebulousJames12345]

@@Szaone empathy and guns are not mutually exclusive. You could think the world needs both. I’m getting this vibe that you think guns are evil monsters!!!!

[@Alexandra-xt1vf]

BofA is the worst! Had so many issues with them. Moved to a credit union years ago and couldn't be happier

[@larrybolton9982]

I had that same problem with them. Money taken out of checking account and never tried to fix it. I did what you did.

[@bennygunawan7211]

Yes,I set up automatic payment,they deduct minimum payment every month when I don't even any balance

[@larrybolton9982]

@@bennygunawan7211 I had that setup and they would deny the payments for insufficient funds. But money was there. A lot of these banks are cricket.

[@stephanierandall1170]

@@larrybolton9982 You mean "crooked"?

[@Ionlycomentwhileimontheshitter]

@@stephanierandall1170 nah he means cricket. He’s beta and has now changed the word.

[@SaltyC24]

Stepped away from "big banks" over 10 years ago for a local credit union. One of the best decisions I ever made on so many levels.

[@emerg0n0see]

Oh yes! It is a wonderful difference!

[@westsidechalino]

How is it better if I may ask?

[@emerg0n0see]

@@westsidechalino I’ve been with Federal Credit Union from the beginning (18 yrs old). Now 49 yrs old. I did have an additional bank acct when I moved to a new state for a short time. The entire genuine model of my credit union speaks inclusion to their clients. As a client, you are a “stock holder”. In this, I am regarding to receiving substantial dividends. The largest in all my credit union life was 2020. The systems set in place are for you to succeed and get ahead. If you keep a balance, it’s rare to have fees for a checking/savings acct. For me, the feeling of doing business with a business that has your goals in mind is priceless.They offer tools and several options to guide you with their honest word. I, truly and honestly, can not fathom why anyone would do business with a bank that brazenly steals your money. I wonder why I see people banking at Wells Fargo. I couldn’t sleep thinking I had my money in a bank that would create false accts. extracting money from my legal accts. Now Bank of American has similar practices. ES&L Federal Credit Union was for Kodak employees and their families, originally but it’s specific to Upstate NY. I’ve heard great things about Navy Federal Credit Union. I was shocked I could join. It may be worth a look.

[@SaltyC24]

@@westsidechalino my accounts are 100% free no fees ever. If I were to overdraft my account I'm charged what I went over. Not what I went over plus $35 plus $10 per day or any of that garbage (I don't overdraft though) I can apply for and get loans way faster than it takes a big bank to file the paperwork and the loans carry a low interest rate.. (My car loan is 2%) any issues at all I can go into a branch and have it resolved in a few minutes. They don't play the same games as big banks because they have no shareholders to make happy so they are not trying to rip you off. They work to make YOU happy! My credit union also has member perks. Such as life insurance. The bank will give you a policy worth up to $200k for free or I can bump it up to $2mil for $5 a month. They also have car, home, renters etc. Insurance that also carry cheaper rates than the big names. They have a list of perks they offer.

[@wkjeom]

@@westsidechalino In my ecperience, less fraud.

[@stephengreen3566]

NEVER trust a bank with anything you can't afford to lose.

[@maiung6656]

I did comment Notice let people know don't trust the bank , The bank is working hard for us but the people are not trust. We must do something else but not put money into the bank.

[@kensmechanicalaffair]

Keep it like a farmer.

[@enclave6285]

Don’t use Bank of America, don’t use Wells Fargo. There are horror stories all of the place from these guys.

[@bigsmilie07]

Netflix got a documentary on wells Fargo if I'm not mistaken

[@thebadbanditbedbug3031]

I totally agree. Don't use Bank of America

[@ashleyPsalms23]

What bank would you recommend?

[@s.hamikawilliams5306]

@Queen NitaBo what’s up with WF? I bank with them, & I’ve had no issues this far. Enlighten me..

[@enclave6285]

@@ashleyPsalms23 Ally Bank is great for checking and savings but is online, so no branches. Local credit unions are often a good choice if you need branches. Charles Schwab bank is excellent for checking, especially if you have investment accounts as well.

[@annb5610]

Why is anybody surprised they were part of the Mortal mortgage debacle in 08 as well

[@sgAlwayz]

You are telling the truth here.

[@natalielove4764]

Exactly 💯

[@KiamKweli]

I'm glad you and others remember they did that. This is business as usual.

[@Mexicobeanpole]

They were the worst of the bunch. They were even getting addresses wrong and foreclosing on the wrong houses. Imagine coming home from work and the sheriff is there to throw you on the street, when you don’t even have a loan with bank of america!!

[@ceciliadavies2456]

Yes. I remember!

[@jhershy1381]

Need a class action against B.O.A. For fake overdrafts and overcharges. There is never an end to the different scams boa does

[@joanns7007]

My bank was taken over by Wells Fargo and they tried to do this and I closed my account and took it to a credit union!

[@fredstone3875]

20 years ago there was. Many got money back. I did not. Now I don't use banks.

[@lastlime3792]

Same with the unemployment agency...

[@undisputedchamp2568]

I agree let’s do it . They also ran a scam which promised new customers 100 dollars for opening a new account then they would say they had to close it and reopen a new one for you in order to get out of the new account 100 dollar promise . Did they do this to anyone else

[@andresbadel7165]

This article critically examines wage theft by employers from employees. In addition to documenting how wage theft disproportionately affects marginalized workers, the article reveals how seldom these offenses are recognized as crimes and documents the normalization of wage theft through the neoliberal rhetoric that renders it unseen. Overall, we argue that wage theft extends far beyond the intentional, overt nonpayment of wages by atypical employers and encompasses many more insidious forms of stealing workers' time and wages. The article concludes with suggestions for approaching wage theft as an opportunity to actively resist neoliberal morality in all its (dis)guises.

[@prestonking5736]

This didn't just start with Bank of America it's actually been going on for years I had huge issues with them that never got resolved

[@anthonynardella8907]

Do you still have an account with them?

[@davisholman6518]

I would NEVER bank there. They are terrible.😡

[@aprilwalls8777]

Me too

[@cookielapaz8927]

EDD needs to be investigated for their EDD fraud.

[@stanleykeal2452]

I wish there wasn’t just a settlement and actual people were held accountable.

[@Missdaphanyma13]

Ah man, closing my B of A account tomorrow. This is horrible.

[@themanimal01]

Not as horrible a the poor anchor Kenny and his voice not timed to his lips🤣😂🤣😂.

[@nykka3]

@@themanimal01 lol

[@orangetruckman]

Go to a credit union!

[@everythingpony]

So how did it go?

[@bjaneharding584]

I was with them for 22 years. I had thousands in Savings and about 4 thousand in checking. They closed my account without any noticeable. I got my money back. It messed up my automatic deposits and withdrawals. They said they don’t have to tell you why. I read that they had done this to many people for no apparent reason. Close it. I have 2 banks now. One is a credit union and the other is a smaller bank. Try to get all of your automatic deposits and withdrawals set up with another bank first if possible. I was chasing down these not to be late. Etc. Months later I received an email from them asking me to be on their advisory board. No way. Beware. Chase did it to people and did not give them their money as well with Wells Fargo. Stay away from these. Best wishes and good luck.

[@ProudBostonian]

Yet ANOTHER issue with BoA, that company is A JOKE!! I’m glad I dumped them 15 years ago

[@thumbob]

I wouldn't bank at snake of America if they paid me to do it

[@nweeezy]

cant stand Bank of America; i'm in the Charlotte area and of course most people around here think they are the gold standard

[@ryanfgrantjr3009]

I've had my checking and savings with B of A since I was 18. yr 2000 . But in 2018 , I went to credit union and it's.....easy and am glad

[@apexone5502]

Man, when I was stationed in Germany, there was a bank on post that was associated with B.O.A. I had absolutely REFUSED to open an account there just for that reason.

[@thumbob]

@@apexone5502 I live near a city where they are headquartered so there are a lot of employees around here. My own neighbor is one and told me never to bank with them. What does that tell you.

[@apexone5502]

@@thumbob that speaks volumes when one of their employees is telling you to not trust them. I've seen how they've done other folks dirty such as family. My mother and two of her sisters live together. Twice did one of my aunts have to show proof that the mortgage was being paid on and in a timely fashion in order to stop those demons at B.O.A. from foreclosing on the home. When we first got married, my wife, who's from another state, was banking with B.O.A. At the time, things were tight for us. She had accidentally overdrafted the account, so we were going to cover the charge once I got paid again. Because we didn't pay the fee in whatever timeframe they were expecting, they informed her that she would have to pay some kind of late fee for the overdraft. We had never heard of such a thing before. I politely told my wife that was the end of her banking with B.O.A.

[@SnrubEvad]

BoA is by far the WORST bank I've ever had dealings with. IMO they are the worst consumer bank period.

[@nogod7184]

All banks are alike. They're cut from the same cloth.

[@TheGor54]

Don't bank with BofA. Worst bank ever.

[@chrisjames5823]

Been banking w them for 20 years. What makes other banks better? Enlighten me.

[@TheAnonymous916]

@@chrisjames5823 I went with credit union after banking with BoA. No minimum cash requirement. No monthly fee. Always better rates when applying for auto and home loans. 🤷🏻‍♂️

[@davidjames5881]

@@chrisjames5823 I've never had a problem with BofA, and I pay 0 fees, or anything.

[@ZBo-tw2ri]

@@davidjames5881 you’re apart of that 1% that hasn’t had issues with them

[@kurosakimika6079]

@@ZBo-tw2ri been with them for 10 years and as a business they are just upholding their rules and regulations. No 1 % involved

[@rosestubblefield1578]

I've never trusted BOA. I guess I was right not to.

[@Mn-bs4xx]

The lawyers are the only winners in a class action suit.

[@undisputedchamp2568]

This is absolutely the truth . My mother was part of the mesh lawsuit against Boston scientific which was 100s of millions . She suffered severe health problems as a result and at the end the lawyers made millions she got less than 50 grand when they said sue to the severity of her case she would receive 3 million. They are all in bed together

[@divinetiminghealingandcomp3892]

@@undisputedchamp2568 wow

[@Playboy_Pee]

Y’all are missing their whole hustle. By holding onto people’s money for upwards of an extra 3-6 months, they made a killing leveraging those deposits in the greatest stock market since right after the 2008 collapse. 😂 Robberbarons, indeed.

[@78Ford351]

They took that money made it flip and now the fees that will be levied on them are gonna be a fraction of the returns they made. 🤣🤣🤣 bank of scamerica

[@Playboy_Pee]

@@78Ford351 Nonsense. 1) Government officials were in on the scam… So the fix is in. 2) The money that they made was not just on the deposits, it was also on the 10:1 leverage. Boy you silly if you think they made anything less than $3-4 billion off of this scheme. Even if they were fined $1 billion? It would have been more than worth it. They won’t be fined AT ALL, though. They have a pretty airtight justification. Might pay out an extra $50M in settlement. Worst case.

[@kewan2045]

@@Playboy_Pee yup been doing this for decades. Most recently housing collapse. They paid small relative fines to the state and the people got nada. Not to mention the properties they foreclosed on

[@allicat8943]

BANKSTERS...that's what I call them to keep it civil.

[@SheilaLS]

@J. P. They stole my war veteran's home in 2007 and even after he won it back plus damages they still haven't given it back. We live nearby in a rental all these years and instead of being retired in his home he has to drive by it every morning and evening on his way to work. I wholeheartedly agree with you. Three different companies dumped our loan before our first payment and we got Countrywide Mortgage who B of A bought out knowing what they were doing to homeowners. They took monies from my accounts years ago and stalled endlessly giving it back.

[@familyiseverything3725]

Honestly never trust any bank at all I don’t care how many years you been banking with them…when shit hits the fan take your money out

[@lario1030]

💯

[@xScooterAZx]

I use BofA for my direct deposite,then the moment it is in,I take it out.Still,I have to leave $10.00 in for certain monthly bills I cant pay any other way than online. I have them set to take their fees out on the first of the month just before i take all my money out.

[@sgtcole40]

Hate to say it... but if you wait until shtf it's too late to take out your money... it's happened before... they will freeze accounts.

[@familyiseverything3725]

@@sgtcole40 yes I already took out my money a long time ago

[@kenyajones7169]

I sure did with Wells Fargo when the bank teller Jacqueline thought she could state my bank balance outloud without asking if I wanted my balance. She was unprofessional and rude so I nipped it in the bud and switched banks.

[@dj-xt5mu]

Bank of America gives out your information even though its confidential

[@Jazzy869]

I remember in high school I overdraft my account by 8 dollars and they charged me $25 every day for like a week

[@ceciliadavies2456]

Yep...sounds like them!

[@benben6054]

In 2008 I had one go up to 800$

[@beckyjacob9119]

When are they going to start putting those people in jail. We have more people in this country that can run those banks. We might actually find some honest ones.

[@cattigereyes1]

Sigh, this is America where banks are protected by government.

[@DNSMLT]

Yes and bailed out after money laundering.

[@WorldViralDaily]

Banks of Italy. was the original name of boa

[@tannercox4537]

@@DNSMLT doesn’t help when both Bank of America and wells Fargo are major donors of the Democratic Party and nih. Nothing will ever happen to them

[@williambrandondavis6897]

Look up fdic

[@Ilyevey]

Sue the bots that are making it impossible for callers to get a live person at EDD

[@alejandror765]

You mean the two calling companies is SF?

[@WorldViralDaily]

@@alejandror765 make a video about it

[@alejandror765]

@@WorldViralDaily for what I figured my shit out . U do it

[@raymondcamacho3145]

Yep. Impossible

[@mnspstudioful]

Getting a live person doesn't matter. This case included people whi were ignored by the live person they spoke to.

[@geo-george2639]

Who in their right mind still uses Bank of America?!

[@starfish69420]

Obviously a lot of people

[@williambrandondavis6897]

Probably mostly people too young to remember the last time BOA did this crap.

[@deltagirl1026]

States have contracts to pay out benefits. MD dumped them a couple of months ago. Crazy!!!

[@sexymixgurl92]

My husband and I do. We never had problems before. But this is definitely concerning.

[@whyisblue923taken]

This is about the EDD contracts Bank of America has. If you get on unemployment insurance, you get Bank of America.

[@nitpitts2060]

Hallelujah Jesus to the exposure of the wickedness being done.

[@milesmayhem5440]

Nobody will see any jail time.

[@hunterhenryk]

Bank of America didn't steal the money. They didn't acknowledge the money as being stolen and then re-credit the money. The whole thing seems sort of strange though. If these accounts weren't secure, if you re-credit money back into them, won't they get robbed again? There should be a better way to do this.

[@warrentoles3127]

This is America Just the black people lolol.

[@justinharper443]

Yep. Zero accountability for banks.

[@anthonyperez9802]

BOA lost my business 30 years ago. They were horrible then, God know how they are now. Lame operations for sure.

[@erikgonzalez2278]

that's terrible on the other hand I have had great success with BofA I have 8 accounts with BofA been with them for 11 years.

[@davidjames5881]

@@erikgonzalez2278 over 20 years for me, 0 problems, and when I had a problem they were fixed immediately. Dont get the BofA bashing 😂. All brick and mortar banks are similar, and federally insured up to 250,000.

[@erikgonzalez2278]

@@davidjames5881 right they all do have their own issues but that’s been my experience as well nearly all my money is in BofA even borrowed money. Maybe because I don’t deal with them in person idk but they’ve always been good to me.

[@panchorodriguez7246]

"BOA lost my business 30 years ago."

[@TheSpicehandler]

BOA in their press release: protecting their customers from "legions of criminals".

[@adriennejohnson9426]

I’m surprised people still bank with BOA, they stay in court

[@rickythompson4558]

When i learned that B of A handled the EDD payments I decided that as soon as the money hit I was immediately moving it to my actual account. Didn't leave a cent in there. Didnt use their debit card for a purchase once. B of A is trash.

[@TheSlumlord635]

I wish I would’ve read this comment months ago! $1k withdrew from my account, made a claim and they closed and froze my account 3 days later smh

[@skaterlover1999]

I did the EXACT same thing! I wasn't going to leave a penny in there so I transferred my money IMMEDIATELY after it was deposited!

[@leemccrea1124]

Well Fargo is to be avoided at all costs. Local credit union banks are more responsive and communicate effectively prior to enforcing any damage to your credit status.

[@la.melaninqueentina]

Yes I agree my bank will lock my account and etc if they see anything different with my account.

[@JF-ev7xg]

Soooooo when is Wells Fargo going to be checked? They’ve been stealing from their customers since before the pandemic and they’re still doing it now 🤷🏻‍♀️

[@mysterytoe1452]

This is the most amount of hope given to my Mom since she fell victim to unemployment fraud. Thank you for reporting something that's literally driven my Mom to tears and dispare out of frustration. If I didn't replace the unemployment benefits for her personally she might be homeless. Receiving the benefits could really help make her whole.

[@stevenmccormack2014]

I had problems with B of A way back in the 60's. I would never use them for anything or anybody associated with them.

[@jordankahele9772]

Their "risk assessment" from the board is the biggest "security threat"

[@bettyk9771]

True. They closed my legitimate business account just coz I moved in and out $50k. Bear in mind, I’m a young proprietor who started a small business in the middle of a pandemic 🤦🏾‍♀️

[@halbertking2683]

"The Best Way To Rob A Bank Is Own One" by William Black

[@daw7773]

Yes or own BAC stock and collect 1.75% dividend or Citigroup stock 3.00% which is far better that any savings/checking account interest rate.

[@markbutler6539]

Once a crook always a crook , this is why I don’t do business with B of A or Wells Fargo 💩💩

[@kenyajones7169]

I recently switched from Wells Fargo, and I used to bank with Bank of American. Someone tried to steal from my Wells Fargo account but I was able to prevent it by switching banks and closing my Wells Fargo account in advance. When they tried to steal from my account, it was on May 31st of this year at 8:07 PM and earlier that day, I was falsely accused of stealing at 7-Eleven at 12:38ish AM. Now there is a case open with 7-Eleven.

[@fastxsam]

Makes sense. BoA was one of the banks responsible for the housing crash. I don't know why people have accounts with them. Yes they would be convenient for me in my neighborhood but I would rather walk further for the peace of mind.

[@thegreenhorizons]

Excellent reporting. Great to hear the progress that’s being made on this fiasco and that the federal judge is siding with the plaintiffs

[@Saixjacket]

This is the real news, no fluff, no angles, just people and their money vs a bank committing fraud.

[@TheBobelly628]

I had Bank of America for over 10 years and finally got rid of them this year- since they have become really lowdown IMO.

[@robertfitzsimmons9428]

Last time I used a BOA atm it sucked in my card and shut itself down. This ruined a long planned weekend, Bank of Amerika didn’t even apologize or offer any help. Their machine stole my card and destroyed it and they acted like it was my fault.

[@JBWHITEGT]

I learned 10yrs ago not to bank with Bank of America. There holds on your money and their policies are crooked.

[@rmg2419]

The judge should do this to the EDD too for not paying claimants.

[@nykka3]

This is most important. It is so difficult to get help through EDD

[@ShotsFired50150]

If i did this I would go straight to Federal Prison

[@pamelasims3299]

I have saying this for OVER 20 years ago, when I worked there. Thank God for answering my PRAYERS.

[@leonweskeradac8239]

Extremely sad, l bet people all my money that many of these folks will never face any real consequences.

[@hermanrogers1325]

Yep that’s right

[@Heru122]

Terrible Bank, they should be Shut down ....

[@MA-xv5qn]

I reported this several times and was fired by management and laughed at. So happy something is finally being done.

[@slurp95]

Who decides who deserves what ? They always act like it’s the others who are criminals , when they conduct the most fraud on the public !

[@triley1709]

I wouldn’t give these thieves a penny of my money, They have done this for years, this is not new.

[@WorldViralDaily]

The Italian Mafia is behind it. It's was called bank of Italy.

[@triley1709]

@@WorldViralDaily Oh I believe it..

[@chaunceychappelle2173]

I thought it was just me and my bank experiencing this for almost the entirety of the pandemic. Interesting.

[@ahench22]

Just closed my accounts yesterday because they kept trying to charge me a monthly maintenance fee on "free" checking and savings accounts. It was the 3rd fee they tried to bury in my transactions this year. I'm done.

[@simplywonderful449]

BOA must be learning from eBay, when eBay claims they "investigated" a fraudulent claim in the two minutes between the opening of the claim and eBay's final decision in the buyer's favor! Sometimes it takes even LESS THAN TWO MINUTES!

[@davinxip8375]

I feel like this was a colossal failure also on part of legislation. I mean boa shouldn’t have to be the only one doing the investigation. EDD made the decision to go chip less.

[@lancelotdufrane]

I would LOVE to see BofA face serious penalties. However, not holding my breath. Banks....

[@ParkJennylatranslation]

On 3/31, three fraudulent checks were showing pending on my business account, totalling $10,000. We had the blank checks with those numbers at our office. I called BOA and reported it, but they didn't care. All they said was they would investigate and let me know after 60 days. They didn't even advise me to file a police report. One check of $1500 was cashed in a BOA branch in Cypress, CA. After 60 days, I received a letter from BOA that they investigated but concluded that I authorized the check and they would withdraw $8,500 from my account. So I made a police report on this theft. Come to think of it, there were two similar incidents before. When we had some sufficient fund, somebody forged a check, looking exactly like mine, very close to our check numbers, and cashed the check. The second incident was that our credit card deposits were going to some other people for a month and a half. (The bank said it was a mix up) All the bank did was to advise me to close the account. I suspected it was somebody in the Bank of America to have all that information. They should do more to check ID and check CC camera, which they never did. They do not care when they should take more security measures. Calling the Bank of America is always a nightmare because they keep transferring me to other departments where I have to repeatedly answer security questions each time without getting any substantial help to the end for an hour and a half.

[@victorramirez2891]

It’s EDD’s fault. They are the ones that approve the funds and are in charge of how the funds are distributed or held.

[@cali_cal]

how do we know this isn't happening to other banks?

[@micheleboyle3547]

Several years ago I asked Bank of America for a loan and the lady literally laughed in my face! I would never bank there .

[@dragonli7106]

So why she is laughing?

[@micheleboyle3547]

@@dragonli7106 because at that time no one was getting loans. It was very embarrassing 😳

[@DG-sf9ei]

It's a fact that many bankers are in that field because they literally hate people, and any bad news they can deliver makes their horrible life.

[@tallie338]

They want all the money too themselves. They robbed their own customers. They are crooks and con artists. It was probably better you didn’t get the loan. I also had issues with them. I will never do business with them again.

[@DNSMLT]

That's why I bank with a credit union.

[@Ogrematic]

Blaming the victim. Then they try to apologize with nice, cheap words, without actually helping.

[@johnl1357]

Some of us haven't even gotten paid for six months... Now this!

[@TheTeller2012]

My daughter had fraudulent charged 20 times. BoA first gave her the total fraudulent back to her account, then about 3 weeks later they took the money back saying it was not fraud! How can we join the class sue?

[@cripmeezy]

I was done the same exact way with the bank BBVA a family member sent money from Missouri to Florida via MoneyGram I deposited the money into a BBVA ATM which ate the funds. After making a report I received a provisional credit only for them to take it back after the next 7 Days stating that the ATM machine at the site wasn't out of balance 🤦🏾‍♂️. That was the last time they've seen any money from me for sure

[@mrwonderful2142]

BoA needs to be forced out of business

[@thebottomoftheinternet8996]

My dad was a victim to this and he'll never know they did this to him. This breaks my heart.

[@Machster10]

Every year you hear about another BofA corruption case. Tired of them. Going to find another bank.

[@michellemarieperez6574]

I was ripped off and complained. They later sent me a letter saying there was no case or problem. I bought a pack of cigarettes for 13.00 and they took out seven hundred dollars. Some crooked cashier.

[@EmmL1223]

What a joke it’s really EDD’s fault not having an updated system to avoid fraud and using its government influence to place blame on BOFA. I never liked BofA to begin with, but this is about accountability at the first level.

[@tinner1975]

After all this why would anyone have a Bank of America account.

[@BurnerShiro]

Don’t they charge you like 35$ if you have no money in the bank?

[@Missdaphanyma13]

Yes

[@davinxi5926]

Well, EDD should equally share the blame for allowing chip-less cards. I mean what card doesn’t have chip protection these days. KPIX You’re just scapegoating BOA. You should go after the massive criminal rings. This was designed to happen :/ by your officials in my opinion

[@nykka3]

It’s horrible using that BOA EDD card. I have had to electronically transfer funds from my EDD to my personal bank account to have better access to my funds.

[@MatthewStinar]

Yes, and Visa and MasterCard for but retiring the magnetic stripe decades ago.

[@salashekanena1575]

I'm from Michigan. Bank of America was not able to stop the transaction when I told them to .$199 was taken out of my account. I complained,They tried to reimburse me after I made a complaint. They did reimburse me but they took it back again, $199. For me to be safe, I had to close the account.

[@Mandy-Lee]

I've only kept my account because I opened it as a teenager but at this point I think they've charged me more in fee's then I ever expected. Plus all the Banks are closing down around here and the access isn't as abundant. Yet they're charging more and more.

[@darlenedowie2926]

Wow!The Bank of America is being sued and had to do right thing.

[@roscoe75]

Join a Credit Union!!!!! Stay away from Big Banks!!!!!!

[@samuelcasas]

I've mentioned this before but nobody at CBS investigated it. As an EDD recipient, I noticed last year the BofA EDD telephone representatives didn't always sound professional. When I'd hang up, I'd think that was odd. After the whole debacle was reported and exposed, the reps sounded more professional. The call number changed which seemed to go to a different call center. Here's my theorycraft: What if the customer representatives were prisoners contracted by BofA through a prison industry complex business? And what if the reps gave the EDD recipients' information to other prisoners who would use the info to create false claims? KPIX I hope you can find out from BofA or EDD if they used prison labor for the BofA EDD call center. Again just a theory but to have many false claims come from prisoners doesn't right unless they got a claimants info. Maybe the EDD executive management and BofA are aware of it and don't want it exposed. Again just a theory.

[@blackbeauty2020]

Wow great theory..one to ponder. Plus a lot of folks started working from home due to the pandemic...so less oversight too.

[@peterrudy9207]

The same bank decades later , fraud and other corrupt acts , never bank executives to go to prison .

[@kimberlyguillen7324]

Your money is federal protected and the bank is required to give this money back to you up to a certain amount.

[@deborahmcadam799]

I need my funds from them for my wire transfer. They give me different stories every time. I need my funds.

[@curtisbarkes6271]

I love how there at the end the field reporter quoted the bank saying the chips are LESS SECURE than the magnetic strip they were supposed to replace and now are on every single card out there ......

[@ATORealty2u]

I did have a similar problem with Bank of America. I stopped using a credit card. No one was able to help me. Empty office and schedule appointments after a few days. I did stay at work far from home. Spend a few days and couldn't find any help. No option to talk by phone. Finally in our location they refused to help because a credit card Bank of America, not a part of Bank of America, they explained. Credit card Bank of America is separate from the bank of America. And they not responsible for credit card. Statement they will mail in a one week. And I'm busy working away and not able to receive the information. It was unpleasant to have all disappointed moments on my account.

[@sheliashuck1633]

After reading the comments, theres a new credit union opening here, and I think I'll try it.

[@id10t98]

After the Banking Coup of 2008, i always say, "Welcome to the United Banks of Amerika-In Goldman Sachs and JP Morgan We Trust"

[@AA-yt9ch]

Sue them out of business

[@stevenkerstreven5600]

About time! That bank needs to go all together. They got the nerve to name them selves after this country? The disgrace!

[@allentate3760]

We closed our BoA account 5 years ago. Best decision

[@pinkoceanflower3045]

I had a bad experience with Bank of America too. I disputed my credit card because full script supplements sent to me was expired, and boa sided with them and closed my dispute. When I tried to reduspute, boa didn’t give me an option to reopen my case. I think that they totally for big corporations, and NOT for the little guy. They should be boycotted.

[@michelemaliano7860]

I worked for BOA. They are shady.

[@jeanniedanielson7292]

I have been with Bank of America over 30 years and every time I had activity that I knew was mine they immediately checked it for fraud. Before they checked it for fraud they always out of the money back to my account and then sent me a letter within the 30 days. I’m sorry to everyone that this happened to but criminals are terrible and companies don’t know how to act with all this fraud activity outside the United States. I’m praying for all of you that you receive your money back and everything gets straightened out. God bless you all

[@scottwydra6365]

Having worked for this bank I’m not surprised since they employ tons of people in India

[@georgestone1485]

BOA is the worst bank, then comes Wells Fargo. Anyone can walk into a BOA branch and get your account balance without ID.

[@aldomeow]

Fr? Wtf………. No exaggeration?

[@JennYooTheKorean]

@@aldomeow I used to work there. Technically, they're not allowed to disclose balances or any account information without ID but there's A LOT of incompetent workers that do.

[@reynaldorivera7641]

My BOA debit was just used in fraud, I had to fight the bank got hit for nearly a 1000$. They didn’t really want to do anything.

[@angelacook6331]

I feel so bad for these people who are being done wrong, and whom have been done wrong by this bank, I know how they feel I used this bank a few years back and after having enough I took all of what had left and we some where else!

[@lavernejackson2055]

Worst bank , worst employees ever. Happy ppl are getting help from this crooked bank

[@peaced7782]

F edd f BofA, both ruined people's life.

[@catholicfaithofmine2664]

BOA seems to always be caught in nefarious schemes.

[@jaw-knee-5]

This is why you have the money auto transferred from EDD to your REAL card and not the actual EDD card. No issues.

[@skaterlover1999]

Facts! That's what I did!

[@donnaviestenz7773]

That bank has always been crooked with ripping off customers!!!