Post by ferris1248 on Jun 14, 2024 10:17:11 GMT -5
I would of closed those accounts and changed banks a long time ago.
"Curtis Murrah says he’d been a loyal customer with USAA for 28 years — until his wife rang him up one day saying she couldn’t make their mortgage payment because there wasn’t any money in their account."
"Murrah, who’s based in Georgia, says he took a closer look at his accounts and discovered someone was making deposits in and out of his accounts."
“It was like they were playing mind games,” he told News 4 San Antonio. “They would deposit $9,800 then turn right around and withdraw $9,800. They would deposit $4,000, turn right around and withdrew it.”
"Murrah contacted USAA and convinced the institution to conduct an investigation — but USAA allegedly told him there was no evidence of fraud, despite a $14,174 loss across two of his accounts, including his emergency savings. Then, the bank unexpectedly closed his account."
“The transactions were taking place in totally different states, they could see everything,” Murrah said. “They knew it wasn’t me, but for some reason they said it wasn’t fraud.”
"A few USAA members even reported being asked by the institution to cover the negative balances on their accounts after their money was stolen."
“It's just a nightmare that you’d be treated that way and disrespected,” says Tiffany Tienda, another USAA customer who lost about $3,700 to fraud. “It’s emotionally and mentally draining and offensive that they’re so dismissive of the whole situation.”
"According to the Better Business Bureau, there have been 4,119 total complaints against USAA in the last three years."
"In April, a federal grand jury in Louisiana indicted 21 people involved with stealing nearly $7 million from USAA customers — particularly the accounts of older individuals with high bank balances."
"Three of the defendants worked for a call center that provided customer service for USAA and helped the rest of the group to access customers’ banking details to create counterfeit checks, reports Dayton Daily News."
"Last year, the institution also reported a data breach that may have impacted around 19,000 members after employees at a USAA contractor shared their access credentials with unauthorized individuals."
"And in 2022, the bank paid a stunning $140 million in civil fines to two federal regulators — the Financial Crimes Enforcement Network and the Comptroller of the Currency for falling behind in reporting suspicious transactions."
“As its customer base and revenue grew in recent years, USAA FSB willfully failed to ensure that its compliance program kept pace, resulting in millions of dollars in suspicious transactions flowing through the U.S. financial system without appropriate reporting,” FinCEN acting director Himamauli Das said at the time."
www.msn.com/en-us/money/companies/it-s-just-a-nightmare-more-and-more-usaa-members-who-lost-thousands-of-dollars-are-sharing-their-stories-of-fraud-say-they-ve-now-lost-trust-in-the-bank/ar-BB1odMHy?ocid=msedgdhp&pc=U531&cvid=968513b459654734909166e007eec6f7&ei=94
"Curtis Murrah says he’d been a loyal customer with USAA for 28 years — until his wife rang him up one day saying she couldn’t make their mortgage payment because there wasn’t any money in their account."
"Murrah, who’s based in Georgia, says he took a closer look at his accounts and discovered someone was making deposits in and out of his accounts."
“It was like they were playing mind games,” he told News 4 San Antonio. “They would deposit $9,800 then turn right around and withdraw $9,800. They would deposit $4,000, turn right around and withdrew it.”
"Murrah contacted USAA and convinced the institution to conduct an investigation — but USAA allegedly told him there was no evidence of fraud, despite a $14,174 loss across two of his accounts, including his emergency savings. Then, the bank unexpectedly closed his account."
“The transactions were taking place in totally different states, they could see everything,” Murrah said. “They knew it wasn’t me, but for some reason they said it wasn’t fraud.”
"A few USAA members even reported being asked by the institution to cover the negative balances on their accounts after their money was stolen."
“It's just a nightmare that you’d be treated that way and disrespected,” says Tiffany Tienda, another USAA customer who lost about $3,700 to fraud. “It’s emotionally and mentally draining and offensive that they’re so dismissive of the whole situation.”
"According to the Better Business Bureau, there have been 4,119 total complaints against USAA in the last three years."
"In April, a federal grand jury in Louisiana indicted 21 people involved with stealing nearly $7 million from USAA customers — particularly the accounts of older individuals with high bank balances."
"Three of the defendants worked for a call center that provided customer service for USAA and helped the rest of the group to access customers’ banking details to create counterfeit checks, reports Dayton Daily News."
"Last year, the institution also reported a data breach that may have impacted around 19,000 members after employees at a USAA contractor shared their access credentials with unauthorized individuals."
"And in 2022, the bank paid a stunning $140 million in civil fines to two federal regulators — the Financial Crimes Enforcement Network and the Comptroller of the Currency for falling behind in reporting suspicious transactions."
“As its customer base and revenue grew in recent years, USAA FSB willfully failed to ensure that its compliance program kept pace, resulting in millions of dollars in suspicious transactions flowing through the U.S. financial system without appropriate reporting,” FinCEN acting director Himamauli Das said at the time."
www.msn.com/en-us/money/companies/it-s-just-a-nightmare-more-and-more-usaa-members-who-lost-thousands-of-dollars-are-sharing-their-stories-of-fraud-say-they-ve-now-lost-trust-in-the-bank/ar-BB1odMHy?ocid=msedgdhp&pc=U531&cvid=968513b459654734909166e007eec6f7&ei=94
