An unauthorized monthly cell phone charge has drained more than $1,100 from a checking account after going unnoticed for roughly a year and a half.
Cincinnati resident Dorothy Bush only spotted the fraud after her balance went negative, reports WCPO 9.
She identified a recurring $78 cell phone fee she never authorized and contacted the bank, where she learned the deductions had continued for about 18 months.
“I looked at the amount and it was a negative number. And discovered an unauthorized $78 monthly cell phone charge,” Bush said. “It was 1,100 and some change…
The bank only covers two months of charges when it’s fraud, and I was just heartsick.”
Federal rules under the Electronic Funds Transfer Act generally require consumers to report unauthorized electronic transfers within 60 days for full protection, and banks are not required to reimburse older charges outside that window.
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The post Ohio Woman Loses Over $1,100 to Hidden Recurring Bank Fraud: Report appeared first on The Daily Hodl.
An unauthorized monthly cell phone charge has drained more than $1,100 from a checking account after going unnoticed for roughly a year and a half. Cincinnati resident Dorothy Bush only spotted the fraud after her balance went negative, reports WCPO 9. She identified a recurring $78 cell phone fee she never authorized and contacted the
The post Ohio Woman Loses Over $1,100 to Hidden Recurring Bank Fraud: Report appeared first on The Daily Hodl. Scams, Hacks & Breaches, bank, money, Ohio
This articles is written by : Nermeen Nabil Khear Abdelmalak
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