Bank Sends Tax Forms, Personal Information To Wrong Customers

Tax forms mailed out by your bank contain all sorts of information you probably don’t want to land in the hands of a random stranger: Name, address, partial Social Security number, account number, and more. Yet, one large bank screwed up and sent this sensitive information to the wrong customers. [More]

Max Norskog

Bank Employee Stole $1.25M From Bank… Very, Very Slowly

When you think of a bank robbery, you probably imagine some heavily armed crew trying to run off with as much money as possible in a very short window of time. But one Texas bank employee almost managed to get away with stealing more than $1 million, by chiseling away at her employer over the course of a decade.  [More]

(David Goehring)

Federal Inquiry Probes TCF Bank’s Overdraft Practices

Overdraft fees cost consumers an average of $32 billion each year. The hefty fees and their often less-than-transparent policies, which vary greatly between banks and financial products, have long garnered the ire of consumer advocates and federal regulators. Case in point: a Minnesota-based bank is now under investigation for possibly unfair and deceptive practices related to its overdraft program.  [More]

The $23 Quadrillion Pack Of Cigarettes

The $23 Quadrillion Pack Of Cigarettes

UPDATE: The Real Reason Behind The $23 Quadrillion Errors

Citibank Sends Nigerian Scammer $27 Million

Citibank Sends Nigerian Scammer $27 Million

37-year-old Nigerian scammer Paul Gabriel Amos convinced Citibank officials to wire him $27 million belonging to Ethiopia. Rather than go with the usual Nigerian nom de plumes like prince or will executor, Famous Amos pretended to be an official with the National Bank of Ethiopia. Amos forged “official-looking” documents that confirmed his status with the central bank and instructed Citibank to await faxes telling them where to send the country’s cash.

US Airways Partners With Bait And Switch Credit Card Sales Company

US Airways Partners With Bait And Switch Credit Card Sales Company

So tonight, I was unpacking, I got the calculator out of the box, and – surprise – I find out that I’d applied for a Master Card with Barclays Bank. Not just any master card, this one had an APR of either 18.24% or 20.24%. What a deal – about double what any of our cards are right now…

Messiah The Cat Gets $4200 Credit Card

Messiah The Cat Gets $4200 Credit Card

Meow! Meow! That’s the sound of Messiah, a cat, charging expensive lingerie on his new credit card.