"Bank of America Declared Live Customer Dead for 3 Years?"
"Arthur Livingston, of Prosperity, S.C., may feel prosperous and alive, but his credit report says, "File not scored because subject is deceased."
That's because Livingston's bank, Bank of America, has been reporting him as deceased to the three major credit agencies since May 2009, he said.
Bank of America has still not resolved the issue, even after media attention, causing headaches for Livingston, 39, and his family in South Carolina."
http://news.yahoo.com/bank-america-decl … -news.html
UPDATE< UPDATE...Breaking news is that just today there was money found in his bank account - indicating that the government recognized him as being 'alive' (kind of them, me thinks) Rumor has it that it's quite a large amount of money in the bank account - enough to easily be called a settlement! Might I ask why you did this as a threat instead of a hub? Too serious? lol
More aptly named, "Bankrupt America."
Alive and well for the time being, but there are so many lawsuits—individual, class action and corporate—that I'm not sure that BofA will survive the onslaught in the end. If the feds are savvy at all, they should be looking at BofA and other big money machines just as they have Goldman.
It is the premiere model (along with Goldman Sachs) of what is wrong with the business model in America.
so if Bank of America and other major banks declare depositors dead,do they get to keep the money?
From the State of New York, Office of the State Controller, Office of Unclaimed Funds:
“For your protection, banks, insurance companies, utilities, investment companies and many other businesses are required by State law to surrender inactive accounts to the State. These accounts are known as ‘lost,’ ’abandoned,’ or ‘unclaimed’ funds.
The Office of the State Comptroller serves as custodian of this money. If you can prove you are entitled to the money, we will gladly return it to you, at any time, without charge. Until the money is claimed, it is used by the State's General Funds, serving the citizens and taxpayers of the State of New York.”
Interesting story. I hope that Bank of America loses each and every one of those suits. But I'm not happy that the suing lawyers get the bulk of the money while the plaintiffs get 10% off coupons!
They're alive all right, but I don't know about well. They still have a lot of fixing to do.
by Dr Mark 21 months ago
Since Bank of America and Payoneer no longer accept payments from PayPal, as far as I know I would have to return to the US to open another US bank account. Are there any international hubbers that know of an US bank that works with PayPal and allows a new bank account to be opened without a...
by Person of Interest 6 years ago
I mean seriously."NEW YORK (AP) -- Bank of America plans to start charging customers a $5 monthly fee for using their debit card to make purchases. The fee will be rolled out starting early next year."http://finance.yahoo.com/news/Bank-of-A … 25092.html
by Pamela Lipscomb 5 years ago
What's up guys? All of my hubs have Bank of America ads on them!
by Dave Manors 8 years ago
You bank account is broken - it restores your balance to $86400 each day. How do you spend it?Think about it. You can never run out of money. Your account just starts afresh every day, at that golden $86400 mark. The money is yours, no one is asking for it back. How do you spend it?
by Brinafr3sh 13 months ago
Did Facebook Ever Take Money from Your Bank Account?Lots of people were discussing about Facebook taking $49 from their banks on the Facebook forum. The Facebook fees were for promotion advertising of Facebook members, even though they didn't renew their promotions, it seems Facebook stole their...
by Cardia 4 years ago
I'm thinking of opening a Paypal account so that I can sign up for the Hubpages Earning Program, as well as doing some artwork commissions from online. However, I just want to hear some feedback from people who have/had Paypal accounts. Was it worth opening?Also I was wondering if it'd make any...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|