Chase Bank returns nearly $50,000 to Mesa couple
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- เผยแพร่เมื่อ 29 ก.ย. 2024
- The couple had to file a lawsuit against Chase to get their $50,000 back. As the court date was approaching, Chase finally gave in and returned their money.
#news #arizona #azfamily #phoenix #onyourside #oys #chase #chasebank #money #cash
i'm suing chase as well,
I gave them every opportunity to reimburse me.
they lied, they lied to the FTC I have all the documentation. The problem is that they are not held accountable. If I stole $5k from them I would sit in prison for 10 years. Why no criminal prosecution for bankers who steal?
I feel for you. If you consider the 2008 financial crisis, not a single person was sent to prison. Obvious fraud was taking place which impacted the entire US economy negatively but no one, not a single person was held accountable.
If you haven't already watched this, there is a documentary called "The Untouchables (full documentary) | FRONTLINE" presently on TH-cam which you should watch.
Because all the focus is on petty criminality. Our systems should focus on eradicating ALL crime and holding ALL criminals accountable--from the petty thief who robs a passerby to the bank executive who cyphons millions from customers and/or employees' pensions, etc.
@@lynx70123 Chase has very deep wallets and they know who to pay off.
This is clearly bank robbery, uh, by the bank. I just closed a Chase account I had just opened - glad I heard about this before I lost money.
sometimes it takes a little Talaban justice
I'm glad that they got their money back but regarding their time spent on this as well as their lawyer fees, were they compensated by Chase for this? If not, they should still sue Chase to get compensated.
And emotional distress. Then, I hope they also are awarded punitive damages.
I've finally successfully, "Chased" this evil company out of my life.
Absolutely they should continue the case to recover all costs and damages and to get an explanation from Chase.
Hi! This is Barbie White. We were not compensated by Chase for lawyer fees or "damages" done. After 4 months of unbelievable nonsense, 5 days before we had a hearing before a judge, Chase mysteriously decided to return our money. Hmm?? I wonder why? 😡
I hope they also were paid interest, equivalent to what Chase would charge for loaning out the same amount!
Luckily they could retain an attorney. Anyone who couldn’t afford one would’ve been screwed 😢
Did they get attorney fees and a settlement for their lost time?
Give Chase the Bud treatment. The fact that there is no Govt regulation prohibiting un warranted seizure is even worse. The fact is once you deposit money you become an unsecured creditor and the monies are reclassified as bank assets hence no accountability for seizures
They should continue the suit to try and recover their expenses.
Get your money out of Chase!
Did Chase bank pay the legal fees incurred by the couple?
It's incredulous that anybody has to take these steps and wait that long to get access to THEIR OWN money. But, c'mon, AZFamily...your story left out so much relevant information. Is the couple continuing to pursuit their lawsuit to recover legal fees, pain & suffering and/or and punitive damages? Did you bother to talk to the Arizona Department of Insurance and Financial Institutions or the CFPB? What can customers in a similar situation do if they can't afford an attorney? Did this couple change banks? Local TV news...sigh.
I'm getting out of Chase as we speak. How is that they NEVER gave an explanation as to why they held these people's money? Sue them for all you can, it has to be done....for damages....and lawyer fees. I hope everyone dumps Chase.
Join a credit union!
@@MonsterPig007 .. I was about to say that a credit union is like a good family
Chase did it once with my account couple years ago and it was only 1k but they froze it lmao .. they made me to go to the bank and talk to them ... after that, i closed my account... I never have problem with Bank of America or Wells Fargo ... I NEVER go with chase again
probably those accounts were inactive for long period of time so they thought they could just take it or something.
I’m sure they’ll miss your 2 dollars 😂
Don’t ever bank with Chase again.
What you can do to help others is continue to inform the public what CHASE did to so many customers
All banks do this more often than people realize
BOYCOTT CHASE BANK!!!
My wife and I went to Chase last year to open an account, and the guy on the desk said that we were supposed to make an appointment online. Since he was free, we asked if he could open the account, and he refused by saying that he was waiting for a customer. I asked for his manager, she came and said that she was leaving early that day. We waited in the parking lot and went back 20 minutes later. Both, the lazy guy and the manager were sitting on their desks doing nothing. I told my wife: let's take our money someplace else.
After seeing this, I am glad we did.
Plenty of very good online and offline banks.
I knjow they are very arrogant/Not Helpful, most of these bank employees. I wanted to cash a paycheck and had a Credit Card with Chase. It was with my company that was in the same building as Chase (a Fortune 500 company, in NYC). The bank manager was so arrogant in not wanting to help me, I just decided to close my credit card with Chase and decided never to do any business with them.
I went to Chase to open a business checking account with a large opening balance and was treated even worse than the homeless guy they coincidentally shouted out of the shade of their building as I was walking in. Never going back to Chase.
@@alancooper4368 ok, bank manager.
@@alancooper4368 I was just commenting on how a banker might view this, as in over-dramatic. I try to see things from all points of view.
NEVER put all your money in one bank!
I have a feeling the couple may have a long history with Chase Bank. Take there money out and find a good regional bank or credit union or both.
Never put your money in just 2 banks. You need at least 3 or 4 to be safe, including a credit union or 2. Weazers are stealing money legally. Plain and simple
Exactly well said these days have your money and a couple different banks. And have multiple different assets like cash, gold silver, stocks, bonds
Shouldn't Chase also be required to pay their expenses (lawyers) and pain and suffering? Could they have filed a claim with the FDIC, since they were insured deposits and Chase ran off with their money?
Not to mention this is a FEDERAL ISSUE. WHY IS IT THAT 'WE THE PEOPLE HAVE NO RECOURSE??????😲🤔
Because Chase has deep pockets and will drag it out in court for years, wasting everyone's time and resources so they just get off free unfair
Similar thing happened to my brother inlaw with Chase Bank. Only in his case they deposited an extra $14,000 and after 6 weeks of trying to get them to remove it (he's super honest) they Froze his account. The consequences where that all his "auto payments" like Medicare, rent, etc. bounced! IMHO Chase should be fined $100,000 per incident of this happening. Glad I've never used Chase myself.
The fact that they never explained why/what was happening is disgraceful, so we closed our account after seeing this. I hope you continue your suit and collect a LOT in damages.
I would still consider sueing Chase just so they can explain to the Judge why they took the money. I believe the public has a right to know since they are publicly held company! Regardless if it is on the exchange or not, they do business with the public!!
You "sue" people are ridiculous...DO YOU THINK IT'S FREE TO SUE???????????? You're ignorant of reality...Chase is a worldwide corporation with probably a thousand or more lawyers...They can string a normal person along for decades... Smarten up.
Everyone should pull their money from Chase.
@@bipolarpunt5721 Chase is among the worst banks for ordinary folks.
CHARGE THE BANK INTEREST FOR WITHOLDING YOUR MONEY!! CHARGE THE INTEREST AND CANCEL YOUR ACCOUNT!! 🤬😠😡😡😡😡
unfotunately the interest rate for this joke bank is .01%
@oceanbreeze1397 yet they can charge up to 29% or whatever the limit is. Insane right
I will NEVER have a Chase bank account.
This is despicable!
Now they have ti pay attorneys. Let Chase pay for it.
My sister and I could use some help. Nearly 200,000.00 was stolen out of estate account from Chase and my sister and a legal assistant had let Chase know that our adopted brother had passed and to lock the account. They never did and two criminals squatting in the house wrote themselves checks as we battled for almost two years proving that a will had been forged. We won the case with the will but Chase does not want to pay us back the money that was illegally taken. Any help or direction would be greatly appreciated. Its hard to find the correct attorney for this. Thank you
Get to meet Mr Chris Holland he's gonna help you out
But you have to make sure that you still have the payment proofs details
You just have to make sure everything is saved and intact
This sounds like something "Wells Fargo" or "First International Bank and Trust" would do!
makes you wonder how many banks (not just Chase) have stolen their money from their customers (i say stolen but I am talking in cases where they made a mistake and won't give the money back, I am certain these banks have policy to deny all claims initially (knowing that some people either give up or forget/don't notice the missing money). I had an issue with PNC bank where I was given the wrong amount of money from the ATM machine at their bank (it was only for $200, but that isn't the point it is my money), I filed a claim and initially they denied my claim 2 times, I just ketp fighting/escalating and eventually the returned MY money.
we all need to boycott Chase now. I am closing my account. How dare them
“Chase wants to give you your money back” 😂 oh really!
It’s nice that they had friends to help them out financially. This could have ruined anybody.
this would have ruined me AND stranded me. I'm currently living in the Philippines and without my savings I couldn't return home. Without access to my bank accounts, I couldn't even send myself my Social Security payment to live off of. I'm not a Chase customer (got burned by them 16 years ago) but scary how any bank can ruin a life with a flip of a switch.
They had to get a lawyer and a tv station to get this corrupt chase bank to give them their money back, unbelievable.!!
I have heard enough bad things about the chase bank. Outrageous.
I would still sue the crap out of them
Chase Bank has also stolen so much money from us.. Chase in lake Charles Louisiana on Nelson road etc... we are in the process of getting an attorney..
exactly why I've stayed with my credit union for the past 30 years...also for added context, behind the scenes banks and other financial institutions have been quietly battling a rapid rise in internal bank fraud and embezzlement by its own employees. They don't make it known because it's bad for business
so how did you find this out if they didn't make it known?
Leave Chase, Wells Fargo, and B of A.
I only deal with credit unions now
Unfortunately they have equal authority to pull moves like this so they're not a perfect solution. Always a chance they'll go rogue on someone.
i left chase and BOA longtime ago
Remember when the CEO of B of A said he was going to start charging their customers a withdrawal fee for using their ATM machine? When asked by the News Media why he was doing that and his answer was Because I CAN?
I had a small corporate account with my B of A bank I went to my bank and closed my corporate account, they asked WHY I told them Because I could?
Hope the couple is suing Chase for inconvenience or personal hardship due to their action
Chase has done this to MANY other. Leave chase. Hard to know which bank to choose. I researched hard in Az as I live here too. I chose National Bank of ARIzona a mormon bank. Mormons store of two years of food maybe they have sounder banking practices.
I still think we're not getting the whole story from one or both parties. I work for a bank but have my personal account with a credit union.
Yes, Jay your right on the money. I think these outstanding citizens are involved with some illegal business practices. Like they say in Mexico . there is always two sides to a tortilla 🌮🌮🌮
I am sure some details are being left out. However if there was a legit reason why would chase provide it? The no reason makes them look very bad. I suspect it was an actual total mistake. Their name or account number was close to that of a suspicious activity and they accidentally locked the accounts. I once had my credit union post someone else’s check to our account. Caused me some head scratching and when we pulled the digital copy it was someone else’s! The poor guy at the credit union. He was almost in hysterics when I called. I had to calm him down. There was no actual damage since it was a small check they just fixed it. Accidents do happen
@@amtravelingservice4400 keep banking with these big banks and you will soon be a victim. Suing them now for for $60k as they are doing the same thing to me. You can research how many people this is happening to and you will be surprised.
@@amtravelingservice4400 BS, im in the same boat with Chase, and im completely doing business legally, account seized with no explanation.
@@jafarhon so sorry that happened , but they have to give you a explanation . Just can't leave you hanging like that. I would get a hungry lawyer who would lite a fire under their tail to make them talk.
as the court date was approaching, CHASE knows they will lose the court battle. they will return the $50,000, PLUS lawyer fees and court fees PLUS the financial hardship these couple went through. if you know you're going to win, do not give in to their offer. NOW these couples are on the hook for lawyer fees.
No reasons given then there's no reason to trust Chase Bank. Take your money to a good regional bank or credit union.
It's always Chase Bank doing this crap - whether scammers or this. Everyone needs to get out of there. And Chase needs to taken to task legally for this kind of thing.
Chase should also pay for the lawyer fees !!!
Yes. I will switch from chase. How horrible.
American bank Bank: We gonna take all your money.
the Law: All you can legally do is sue them, but lawyers can cost you all your money that you have NO ACCESS TO!
Great setup America, great setup, slow clap.
Move to a credit union asap!
Just not Navy Federal Credit Union. They suck worse than Chase.
Chase did something similar to me when I was living in China. Had to pay all my credit cards by phone every month. Made me go into a branch in person to get it sorted out.
I would want more than just my money back. My worry, time, effort, and costs are all not free.
So, do we call this a Bank Robbery? Or did they come up with another name for this?
Call me genuinely shocked here. Though technically, the old couple still gets effed because of the exorbinant legal fees from the super dragged out legal battle. But I GUARANTEE that if this couple ended up getting $50,000 deposited into their account by mistake, they'd be IMMEDIATELY threatened with all sorts of legal fees and severe jail time and whatnot even though it wasn't their fault that the bank messed up. RULES FOR THEE BUT NOT FOR ME!
Don't drop the case. You can get compensation for all expenses that they occurred.
Chase tried to hold my brother's account after he died. They would not release the funds to the estate, would not let me open a new account to transfer and it took weeks of screaming and scenes at the bank for them to release the funds.
How about paying the same interest rate Chase bank charges plus late return fees? Next throw the president of this bank into jail because of theft? Last but not least many depositors will not do business with any Chase bank because of theft of funds ?
God, will you please heal us from bankruptcies in Jesus name amen 🙏
I would have called them and asked where my attorney fees and interest are.
That can happen with any bank. The couple should have received punitive damages = 3x the money stolen + legal fees. It's no different if a bank robber returns the money if caught. They'd still face federal felony charges.
Only an idiot uses a bank instead of a credit union.
At a bank the owners use the depositors as a way to earn money to pay their shareholders.
At a credit union the people with money on deposit ARE the owners.
Anyone with bank accounts with Chase should close them immediately and open accounts with another bank that has good customer service.
I’m glad they got their money back. Now maybe the wife can afford a real (non-Karen) haircut. Come on now!
Moron
Once they got their money back, did they sue for damages?
Time to close down all chase banks
Good luck lmao
Fun fact, this doesn’t stop the lawsuit. It just changes the amount they can claim.
Attorney fees and punitive damages? They got off free
they should still sue and they need interest
Not just Chase, but other financial institutions set up their computers to deny access for different reasons.
Did you know that some institutions close access to your money if if the account has not had a transaction after a certain number of years?
/
Credit Unions are the best way to bank.
Chase was using the money to invest. Banks will hold customer funds and make excuses why there is a hold. They make money off yours while giving you pennies of interest. These savings and checking accounts are horrible.
I hope Chase paid their attorney fees and gave them interest on their hijacked account. That's what these banks are more than likely doing. Investing overseas, China and after awhile when they make their money then you get yours.
The bank should be REQUIRED to explain this situation.
That's the problem, no one has an explanation, it's the computers algorithm that does this. The answer is someone in IT needs to answer as well as higher ups.
Wells Fargo has its warts but they keep good track of things and get my money back every time I file a claim. Chase wouldn't give my little paycheck the time of day. 😮😮😮 Wells Fargo hasn't even hinted of closing either.
No lost interest? Attorney fees??
Not a surprise it is with this bank !
I find it disturbing that they were NEVER told what, if anything they did wrong.
It is not the first time Chase does this. I have heard at least 5 other stories about Chase closing accounts and refuse to give their money with no explanation. Thanks for reminding me.
Is this Chase owned and/or operated by CHINA? We had a similar situation in SoCal ten years ago. The entire bank all employees were from China. They misinterpreted our dad's power of attorney and wouldn't let us withdraw our money. We outsmarted them by driving a few miles away and going to another Chase Bank run by Americans. They called my dad to verify all was well and then gave us the money. I will NEVER use Chase Bank to put any money in again.
Note to self: do not deposit cash to Chase.
I am going o take my $ out of Chase and get a new bank. TERRIBLE CHASE BANK!
i'm glad they got their money back. maybe the couple should have follow thru for punitive damages for what the bank put them through.
frightening. no explanation? as soon as the window opens i look forward to moving on.
I guess the paper chase is over...
Chase and Wells Fargo are THE WORST banks to do business with 😔
Chase, You had ONE job. Safeguarding you client's assets and being transparent.
There is a 500 page document attached to your signature card; if you read it; you'd most likely only keep a minimum in the bank...Essentially; when you deposit money in a bank; you have surrendered it to them...They can take it without reason and if any official agency asks them to freeze your accounts; they won't hesitate nor tell you...
That’s crazy that there isn’t an explanation on why they held their money.
And still no explanation. Unbelievable and scary. I'm sure this happens more than we know.
I’m so sorry to hear about this! Should’ve gotten more than the 50k as INTEREST! They love to charge and AND can afford it , so why not?!?
I hope they STILL SUED Chase in order to get "Costs" back for Attorney Fees, and the loss of time, pain and suffering.
Sadly they likely didn't.... So these banks will KEEP on hurting people. I've seen MANY people of this type of thing happening with the various major banks.
Very bad management at Chase. Very inept and unprofessional. It was THEIR money, not the bank's. At least give an explanation why they froze their accounts for so long.
Just hope they didn’t put their money in USAA bank. They would be liable to go thru it again. Who overwatches these mega corporations? Evidently nobody.
well if this was me I'd close ALL my Chase bank accounts 110%
I stay away from chase with a 10 foot pole. I have pretty large banking needs and wont do $1 worth of business with Chase. Too many problems and horror story's
So still no explanation? What the heck? They should have continued the suit for punitive damages.
Why would the bank return the money. Please take it back. Scam bank.
Did they make Chase pay their legal fees ???? They owed these people more than just retuning their money. I would never bank with Chase. There’s way too much illegal stuff they do.
I hope they didn’t get stuck with the attorney fees.
They did this exact thing to my wife and I yesterday. They are keeping 15k but worse, I can’t pay my bills because of our frozen account. Like the lady said, how about asking for an explanation before shutting down our accounts and banning us for life.
So CHASE made months of interest off their money and gave them none back?? That is called THEFT!
Chase is doing this to many customers. Move your funds elsewhere.
So what about the lawsuit? They should still continue with it and get the Interest for the 4 months they "borrowed" (stole)their money. As well as make them pay their attorny fees. Id still press on because thats Fd up
My money is more than $150K and Chase Bank won't give me my money back. That's my money from selling my house. That's my hard earned money working as a professional Nurse. Please help me. They don't give me explanation to why they closed my accounts . I paid my taxes eversince.
Yeah, it took the threat of a lawsuit plus bad publicity for them to release their money! Unbelievable! Avoid Chase like the plague! Same goes for Wells Fargo and BoA!
Did Chase bank pay for the couple's attorney fees? If not, then the couple had to pay their attorney fees and they lost money because of Chase bank. Shalom
This is the Absolute Worse bank Ive ever encountered! Id encourage anyone considering this bank to find a local credit union!