JPMorgan Chase Refuses To Reimburse Woman After $1,900 Drained From Bank Account – Despite Being Notified of Fraudulent Activity in Real Time: Report
JPMorgan Chase is reportedly refusing to reimburse funds that were drained from a customer’s bank account, despite being informed while the fraud was in progress
A total of $1,900.50 was taken from Tara Warrior’s Chase account in August, but the trillion-dollar bank has so far rejected her fraud claims, reports WBRZ Channel 2.
The saga started after Warrior received a message claiming there was an attempted Zelle payment of $2,000 being made from her JPMorgan Chase bank account and that she needed to indicate whether she had initiated the transaction.
Seconds after replying in the negative, she received a call appearing to be from JPMorgan Chase Bank from someone who claimed to be named Charles Jennings.
She says ,
“He asked me to verify deposits, which I did.”
To prevent the attempted theft from her account, the caller told Warrior to key in some numbers to help in recovering the money. She was then put on hold for 15 minutes. After her suspicions grew, Warrior decided to verify whether the caller was truly from JPMorgan Chase.
“So I hurried up and called another Chase Bank and I had him on three-way.”
During the call, Warrior informed JPMorgan Chase that she was being defrauded and requested that all transactions be halted. Warrior remained on the phone with JPMorgan Chase for about an hour, even after Jennings had hang up. JPMorgan Chase assured Warrior that all the fraudulent transactions would be credited to her account within 10 business days.
JPMorgan Chase, however, failed to stop the transactions and $1,900.50 was transferred from her bank account later that night.
Warrior has so far filed two fraud claims with JPMorgan Chase, but they have so far been denied. She says,
“I reported it in the middle of the scam. I didn’t wait a day, I didn’t wait an hour. I reported it live. I’m giving them a live action of it and they are still ignoring me. That’s what’s got me really ticked off.”
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Today: Crypto at a Turning Point—Speculation Mania or Institutional Domination?
- Arthur Hayes, ex-BitMEX CEO, boosted DeFi exposure with 2.01M ENA and 33K ETHFI tokens amid crypto volatility. - Solana (SOL) struggles to break $150, forming a bear flag pattern that could trigger a 30% drop to $99 if $140 support fails. - Nasdaq's IBIT options proposal and Grayscale's Zcash ETF filing signal growing institutional crypto adoption amid fragmented market dynamics. - Astra Bitcoin's hybrid model blends TradFi/DeFi assets to address volatility concerns, yet speculative momentum remains evid
Bitcoin Updates: With Retail Investors Declining, Large Holders and ETFs Influence Bitcoin's Direction
- Bitcoin's $91,000 rebound highlights institutional dominance over retail traders, driven by ETF inflows and whale accumulation. - Bhutan's $970,000 ETH staking and RGB20 protocol advancements signal institutional validation of Bitcoin's programmable finance potential. - Solana's $8.2M ETF outflow and $36M hack contrast Bitcoin's stability, as large holders buffer against volatility. - ETF-driven price dynamics and privacy-focused products like Zcash ETFs reflect shifting market structure toward instituti
Zcash Latest Updates: Zcash ETF Anticipation Faces Bearish Trends—Will This Privacy Coin Overcome the Downturn?
- Zcash (ZEC) nears critical $442.53 support as technical indicators signal bearish momentum with 12/12 "Strong Sell" signals. - Grayscale's proposed ZCSH ETF aims to institutionalize privacy-focused crypto access, holding 394,400 ZEC valued at $199M. - Market remains muted despite ETF filing, with ZEC down 1.4% amid regulatory uncertainty and broader crypto volatility. - ETF approval could boost ZEC liquidity like Bitcoin ETFs, but traders watch $442.53 support and SEC review outcomes.
Bitcoin Updates: The Unstable Basis of Stablecoins: Tether's Bitcoin and Gold Strategy Faces Scrutiny
- Tether faces scrutiny over its Bitcoin-gold hedging strategy, with analysts warning that sharp price drops could threaten USDT's solvency. - CEO Paolo Ardoino defends the "overcapitalized" model, while S&P Global downgraded USDT due to increased high-risk asset exposure. - Industry figures demand greater transparency, citing historical crypto volatility and risks to Tether's $10-15B hedging portfolio. - A 30% decline in Bitcoin/gold could erase Tether's equity cushion, potentially destabilizing the $40B
Trending news
MoreCrypto prices
More
