51–60 of 261 posts
I don't understand why he's taking this on himself to be honest. If I was incorrectly named in some sort of lawsuit, my first reaction would be to call my lawyer. Who knows if there's also an incorrect arrest warrant out for example?
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Trouble is, this guy is a random citizen who doesn't know much about how the law works, and so it hasn't clicked who the correct plaintiff would be for his case. He'd probably get told who the right parties to lodge a complaint against, if there was any lawyer willing to talk to him for about 15 minutes, but the last half of the article is basically him being bounced all over California by legal professionals who won…
It's the technical mindset: the court order from Southern California is wrong, let's fix it!
I had the same problem with one of the biggest french bank. I saw an important withdrawal on my account in a city where I wasn't. I called my bank and I explained the situation. They told me I'll get the money back in one day. I asked if I should change my credit card in case it was hacked, they told me calmy it was just an error on their part because another client had the same last name. I just couldn't believe it.
In The Netherlans, but I suspect it is EU wide, they won't check the name at all when doing an ordinary transfer. And this is all banks.
EU (IBAN to be exact) bank accounts do have a check digit, so typos tend to be caught and result in a transfer being blocked. More relevantly Dutch banks are going to add name checking in 2017 as an extra protection as well. The exact introduction date will vary per bank.
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In theory: the blog's author would counter argue that BoA didn't perform due diligence in checking that the order mentioned the correct person, and even then, they didn't send the notification on time. The court rules against BoA, and it's up to their lawyers to recoup the money. In practice: BoA pays straight out of their pocket, sends those $3.4K to losses, and shuts this down before the media finds out. And based…
Absolutely correct. This is pocket lint to Bank of America. The big banks operate at an absolutely mammoth scale; BoA has 208k employees. More consequential mistakes than this happen by the thousands every day. There is, quite literally, a budget for it. It is an unfortunate reality for the US that you have to present as a savvy professional, but as soon as BoA is institutionally aware that there is a savvy professio…
Exploring the broken beaurocracy to retrieve your money is a game; when you finally send enough documents and certified letters to satisfy/scare the otherside it's extremely satisfying.
This entire fiasco could have been avoided if people were identified correctly. Here's another recent article where simply using "firstname lastname DOB" as a primary key resulted in a collision: https://www.theguardian.com/us-news/2017/apr/03/identity-the...
They have failed to pay back billions, much less $3k. Do not do business with any organization on this list: https://projects.propublica.org/bailout/list
Not defending BofA, just saying your source material doesn't make the point you think it does.