Reply to PSA — forged check wiped out my checking account

Forum Index » Money and Finances

Reply to "PSA — forged check wiped out my checking account"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]
This kind of error really is the bank's fault. They should do their due diligence and check signatures, address, etc.

Are you going to get your 12K back?
The bank should be on the hook for all fees, etc due to bounced checks or missed payments.[/quote]

It's always been really appalling that the US is still very dependent on checking, a very unsecure method, for financial transactions. I had a roommate from Europe in 2008 here and he didn't understand the concept of checking because it was very rare in Europe to use checks to pay rent. Must have been REALLY confusing to him when I told him he had to pay me in money orders because another roommate bounced his check. It's 2022 and people are still getting ripped off through check fraud. How very American.

Doesn't make me feel any better than the "new and improved" financial transaction fad, Venmo, Paypal, CashApp, etc, have little consumer protections. So if you get scammed or hacked or make a mistake while paying someone, tough luck, you're screwed![/quote]

Despite what the right says, this country is far too pro business and it is hurting all of us. I used to work at an agency responsible for banking and was constantly appalled at how staff recommendations were ignored. The banking industry gets what the banking industry wants. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics