$310,000 Drained From Wells Fargo Account – Bank Says Reimbursement Not Happening, Claims Funds at JPMorgan Chase
By: bitcoin ethereum news|2025/05/03 14:45:01
0
Share
A Wells Fargo customer says he’s fighting for reimbursement after someone drained $310,000 from his account. The customer, whose first name is Steve, says his wife sent a $310,000 check to the IRS in January of last year, reports Fortune. The couple thought nothing of the business-related payment, which they had sent through a secure mailbox at a Seattle-based post office. Eleven-months later, Steve says his accountant told him the check was never received. Steve obtained a copy of the check, and says it had been chemically washed to replace “IRS” with someone he’s never heard of – Ezavier Josiah Staples. Wells Fargo then rejected his claim for reimbursement, stating he had taken too long to report the fraud. The bank says the money was deposited into an account at JPMorgan Chase, and it’s trying to recoup the cash. Steve says he’s stunned at the outcome. “I’m just shocked that [banks] don’t have insurance for this kind of thing, or with all the fraud stuff they’re doing, that they don’t care about protecting the consumer.” It’s just a principle of the thing for me. I just can’t believe that in this day and age, someone could steal $310,000 and both Chase and Wells Fargo just say, ‘Tough luck.’ They have no checks and balances, or nothing in place to protect us.” A spokesperson at Chase says the bank is looking into the matter and has not received a claim from Wells Fargo at time of publishing. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney Source: https://dailyhodl.com/2025/05/03/310000-drained-from-wells-fargo-account-now-bank-says-reimbursement-not-happening-claims-funds-at-jpmorgan-chase/
You may also like
Is the Frenzied Acquisition of Crypto Companies by Giants Good or Bad?
Wall Street Morning Briefing: US-Iran Ceasefire Agreement Collapses, Oil Rises to $80, Nasdaq Gains While Dow Drops
The 'MEV Moment' in Market Predictions: Betting on Ups and Downs or Creating Them
Can SK Hynix Save the Semiconductor Industry with Sevenfold Oversubscription?
The End of the 'Easy Money' Era for AI Semiconductors: Beware of the 'Ghost Stories' Unfolding
Trump Earns $2.2 Billion Annually, Two-Thirds from Cryptocurrency, Averaging 87 Stock Trades Daily
Before the Sea Temperature Rises, the K-Line Warms Up First—A Comprehensive Projection of the 2026 El Niño in Cryptocurrency
New macOS Malware Aims to Empty Cryptocurrency Wallets
The 'Cooperative' in Stablecoins: Open USD Launches, Circle Welcomes Competition
Binance Founder Bets on Bitcoin at One Million Dollars: "It’s Totally Possible"
XRP Ledger hits 1M AI payments as Ripple-backed t54.ai launches hub
Aptos Network Vulnerability Exposed $70 Billion to $3,000 Attack
What is a flash loan? Borrowing millions with zero collateral, explained
AI is Changing Employment Expectations in the U.S., Fed May Remain Cautious
Crypto Long & Short: With MSTR concerns assuaged, look to traditional signals around BTC
What are RWA perpetuals? Trading stocks and commodities as crypto perps
OpenAI lands GPT-5.6 approval as traders rush pre-IPO futures
What is liquidation in crypto? Margin calls, health factors, and how positions die
Is the Frenzied Acquisition of Crypto Companies by Giants Good or Bad?
Wall Street Morning Briefing: US-Iran Ceasefire Agreement Collapses, Oil Rises to $80, Nasdaq Gains While Dow Drops
The 'MEV Moment' in Market Predictions: Betting on Ups and Downs or Creating Them
Can SK Hynix Save the Semiconductor Industry with Sevenfold Oversubscription?
The End of the 'Easy Money' Era for AI Semiconductors: Beware of the 'Ghost Stories' Unfolding
Trump Earns $2.2 Billion Annually, Two-Thirds from Cryptocurrency, Averaging 87 Stock Trades Daily
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com





