Wells Fargo Employee Accused of Stealing $16,700 from Customer’s Account A Wells Fargo employee in the sleepy hamlet of Shrub Oak in Westchester County was arrested last week. The employee is facing felony charges of identity theft and grand larceny in Yorktown. He is also accused of stealing $16,700 from the savings account of a customer. […]
Did A Wells Fargo Employee Steal $16,700 from Customer? Read Post »
Woman and Her Parents Found Guilty of Bank Fraud, Wire Fraud, Conspiracy To Commit Bank Fraud & Wire Fraud In $3.8M Straw Borrower Scheme Silver Buckman and her parents, Vincent and Cynthia Foxworth are going to prison for operating a $3.8 million straw borrower scheme. A jury found the trio guilty of bank fraud and wire
Family Convicted in $3.8M Straw Borrower Scheme Read Post »
MBS Bond Holders Sued BAC Over BAC’s Dependence On MERS And Sub-Prime Mortgages MERS and Bank of America Corp have reached a $335 million settlement. The Pennsylvania Public School Employees’ Retirement System and disgruntled shareholders accusing it of misleading shareholders. Shareholders allege BAC exposed them to risky mortgages. They point the finger at BAC’s dependence
BAC Settles MERS Lawsuit With Bond Holders Read Post »
Black Business Owners Sue Michigan Bank For Purging Their Accounts Black business owners in West Michigan are suing Mercantile Bank. The Black business owners allege that the bank called their loans regardless if they were delinquent or not. Black business owners claim Mercantile Bank wanted to stop doing business with Black people. Merchantile executed a campaign
Black Business Owners Purged From Michigan Bank Read Post »
