Reader M. has a sad and frightening cautionary tale for us all. He’s unemployed, and his debit card was stolen. Now he’s been accused of stealing more than $11,000 from himself and gambling it away at casinos. Bank of America has finished its investigation, and concluded that M. is responsible for the withdrawals, and now must pay back the $11,000 he didn’t spend. At the 20% APR charged for cash advances, naturally. [More]
