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Bank of America Complaint - Filing a fraud lawsuit - Need others - Retail Banking/Online Banking
Retail Banking/Online Banking - Complaint
NJ, NEW JERSEY -- Background:
BOA is involved in charing unethical transaction fees to customers by strategically manipulating your debit card usage. Typically if money is unavailable in your account the debit card should decline. BOA actually lets the transaction go through and lets your account develop a negative balance and will treat it as an Over drawn account. They will charge upto $180 and continue charging without you realizing that you may have overdrawn your account. I have recently had the opportunity to speak with a previous BOA/Fleet Technology executive who recently left the company and he validated to me how the company strategically manipulates accounts and collect fees.
I am filing an official complaint against Bank of America are you interested in joining the complaint. I may even want to pursue a lawsuit down the road. BOA feers bad press and not only will they change their practices but will be a value add for other consumers who are getting ripped off. Don't get me wrong I am going after them not only for the fees paid but because I have spent hours and hours in frustration with their bank and someone needs to compensate me for my time. If you have the same compliant you can also be compensated. The lawsuit will not be that expensive and will be painless.
Please contact me at: vishal_98@yahoo.com
Regards
Vishal
BOA is involved in charing unethical transaction fees to customers by strategically manipulating your debit card usage. Typically if money is unavailable in your account the debit card should decline. BOA actually lets the transaction go through and lets your account develop a negative balance and will treat it as an Over drawn account. They will charge upto $180 and continue charging without you realizing that you may have overdrawn your account. I have recently had the opportunity to speak with a previous BOA/Fleet Technology executive who recently left the company and he validated to me how the company strategically manipulates accounts and collect fees.
I am filing an official complaint against Bank of America are you interested in joining the complaint. I may even want to pursue a lawsuit down the road. BOA feers bad press and not only will they change their practices but will be a value add for other consumers who are getting ripped off. Don't get me wrong I am going after them not only for the fees paid but because I have spent hours and hours in frustration with their bank and someone needs to compensate me for my time. If you have the same compliant you can also be compensated. The lawsuit will not be that expensive and will be painless.
Please contact me at: vishal_98@yahoo.com
Regards
Vishal
Comments:
Posted by Bank Employee on 2005-05-28:
The only person responsable for keeping track of your balance is you. If you were using your card to make purchases and you did not have funds in the account then you are commiting fraud! You were actually taking money that is not yours!!
Posted by dontgotoaaa on 2007-10-05:
BANK OF AMERICA IS PRACTICING ILLEGALLY AGAINST CONSUMERS. A LAWSUIT IS LONG OVERDUE. CUSTOMER SERVICE IS NON-EXISTENT. RUN VERY FAR AWAY FROM THIS CREDIT CARD COMPANY DISGUISED AS A "BANK". WHAT THE BLOGGER SAYS IS TRUE. IGNORE THE "EMPLOYEE". HE'S BEEN BRAINWASHED AND NEEDS TO GET OUT OF HIS CUBICLE AND GET SOME AIR.
Posted by Tonic17 on 2008-12-19:
I will have to agree with the poster. I've seen it to many times when BOA "rearranged" my transactions. With the hope of it going unnoticed. I pay what i need to. but when its an unjust action as to charge me and overdraft fee with there's more than enough to cover it, it gets a little frustration. If anyone that banks with BOA probly knows that im talking about. There deffenently sly. So my words are to be AWARE and keep on top of your account. cause i would not trust them at all.
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