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There was a relatively recent case of Bank of America deciding eight months later that it wasn't a fraud and clawing back their provisional refund. It turns out
by mannykannot 5y ago
There was a relatively recent case of Bank of America deciding eight months later that it wasn't a fraud and clawing back their provisional refund. It turns out that the original card was intercepted in the mail and they simply issued a duplicate without preventing the use of the first, but it took the victim's attorneys to get the evidence from the bank, connect the dots and figure out this happened.
- jasinjames 5y agoI'd love to read about this. Could you link an article?
- mannykannot 5y agohttps://www.nj.com/news/2022/03/bank-warns-customer-of-1200-in-fraud-charges-then-says-the-purchases-were-valid-huh.html https://www.nj.com/news/2022/03/bank-warns-customer-of-1200-... I got some details wrong; in particular, the initial dispute denial was after two months (with the Consumer Financial Protection Bureau agreeing with the bank after another two months), and the resolution followed NJ Advance Media contacting BofA.