Wells Fargo Closes My Account After $32,000 Fraud, Allows Bogus Payment To Go Through On New Account

Imagine waking up one day to find your bank account has not only been compromised, but that more than $30,000 in fraudulent checks have been written on it. Then to make matters worse, once things seem to be resolved, another bogus charge is placed on an entirely new account.

This is what happened to Consumerist reader Lisa, who recently received a call from a Chase bank because someone there believed a newly deposited check was a fake.

It was. Then Lisa looked at her Wells Fargo bank statement and found that in a matter of a couple days, a total of $32,526.27 had been drained from her account, putting her more than $30,000 into overdraft.

The Wells website had scans of the 30 scammy checks, which Lisa had obviously not written. The checks were fakes that had been created using her name and account number, but Lisa knew these weren’t stolen out of her checkbook because her partner’s name was not on the address information.

Even more curious were several checks that were written on her account number, but had the name of a home healthcare company in Ohio (Lisa is in Illinois) and appeared to be paychecks from that company, written to the same people in Chicago that cashed the other fraudulent checks:

Read on.

One response to “Wells Fargo Closes My Account After $32,000 Fraud, Allows Bogus Payment To Go Through On New Account

  1. Reblogged this on Deadly Clear and commented:
    This is just another example of the failure electronic transfer. Technology has advanced but so has the criminal mind…however, business has not caught up with either – except that banks have taken steps to protect themselves instead of the consumer. Who knows maybe the banks are floating fake checks like the Federal Reserve is printing fake dollars?!

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