Bank Employee Banned From Industry After Allegedly Stealing $15,000 From Lender, Hiding Paper Trail With Rotten Receipts
The Office of the Comptroller of the Currency (OCC) is taking action against a former bank employee…
$517,000,000,000 in Unrealized Losses Hit US Banking System As FDIC Warns 63 Lenders on Brink of Insolvency
Unrealized losses in the US banking system are once again on the rise, according to new numbers from…
Bank Manager Steals $208,939 From Customer, Extracts Money From Accounts Despite Victim's Demise: US Department of Justice
A former bank manager has admitted to stealing from a customer’s accounts in a scheme that lasted…
Bank of America's Wealth Management Division Leaks Names, Social Security Numbers of 1,883 Pension Plan Members
Bank of America’s wealth management firm, Merrill, says an employee has accidentally leaked the…
JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay a $100 million fine to a US…
US Regulator Says Bank Will Pay $1,500,000 Settlement for Allegedly Overcharging and Deceiving Hundreds of Customers in Veterans' Loan Scandal
A US regulator says it’s reached a $1.5 million settlement with a bank that caused “significant…
Wells Fargo Freezes 92 Year-Old Man’s Bank Account Without Notice, Triggering Eight Month Battle To Withdraw His Money: Report
A 92 year-old man who recently lost his “true love” says Wells Fargo abruptly froze his account…
Bank Employee Steals $2,100,000 From Customers, Spawns Web of Unauthorized Transactions and Illicit Accounts: DOJ Indictment
The U.S. Department of Justice (DOJ) is accusing a bank employee of creating a web of unauthorized…
$22,000 Disappears From JPMorgan Chase Account After Customer Reports Suspicious Activity – Now Bank Says Reimbursement Is Not Happening: Report
An Ohio family says a single phone call led to thousands of dollars being drained from their…