Financial institution of America Reportedly Refuses To Reimburse Buyer’s Stolen Funds – Till Media Begins Asking Questions

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One in all America’s greatest banks reportedly refused to refund a buyer who had her account drained by a scammer – till the financial institution confronted questions from the media.

Cheryl Friedman of Norton, Massachusetts says she obtained a name from a scammer claiming to be an worker at PayPal, resulting in 1000’s disappearing from her Financial institution of America account, in line with CBS Boston.

Simply earlier than the prison known as her, Friedman says she was serving to a buddy with an advanced refund on PayPal, main her to consider the decision was reputable.

“So I stated okay, considering that is coming legitimately from any individual on PayPal and thru the app.”

Friedman then clicked a hyperlink despatched to her by the voice over the cellphone in an effort to supposedly confirm her account.

That’s when cash began to go away her checking account.

“They bought $3,500. I feel, one, I feel it’s loopy, my preliminary response was I can’t even consider this might occur… And I don’t perceive how somebody can entry your cellphone like that.”

The Massachusetts girl reported the fraud each to the police and to Financial institution of America, however her declare was denied for months.

Then, CBS Boston says it stepped in and bought Friedman’s stolen a refund. As soon as CBS started questioning BofA in regards to the theft, the financial institution stated it had obtained new info from Friedman and refunded the cash.

Friedman says BofA ought to have further guard rails to guard towards doubtlessly suspicious strikes of money.

“I really feel silly however I don’t need anybody else to get sucked into it. I really feel additionally, simply sadly, offended at my financial institution for not flagging it and never having higher fraud safety.”

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