Wachovia Bank civil mis-repusentation bank enployee Toms River New Jersey
i was the victim of fraud. but i thought if i used my bank to verify a check before i drew funds it would protect me. i deposited a check into my atm went to the bank ntwice asked if the check had cleared. a vice president offered to call me when it did a few days letter i get call the check had cleared .
because it took so long to clear the person who frauded me said he lost hs client because he was a broker and i entrusted my bank to protect me . he later sent me fake postal money orders and i went to the bank and asked to be verified before. the teller told me they were good and cashed them. the check was fake the money orders were fake.
i am out 11k i entrusted my familys funds twice thought i was being smart by in trusting my bank now the bank said screw you..i would have never drawn funds without the banks ok . i dont know what to do that was a bulk of my savings. no one from the bank has called or done anything. they did not even tell me the first check was fake. i checked my account on-line.the bank took 11k out of my account with out my knowledge or ok wachovia bank has the worst security.a
Derek
toms river, New Jersey
U.S.A.
1 Updates & Rebuttals
Matt
North Port,Florida,
U.S.A.
You're out of luck
#2Consumer Comment
Thu, June 08, 2006
Derek,
Unfortunately, even though they told you at the bank that the check and money orders were good, they really don't know until it passes through the federal clearing house. I do agree that they misinformed you. However, the tough part about this is that once the funds were deemed to be fraudulent, the bank has the right to debit your account for the amount of each fraudulent item. It states this in the deposit agreement that you received during your account opening process.
I'm sorry to say this, but Derek, you are out of luck. The best thing to do right now is press charges against the person that issued these fake items to you.
Matt