You need to learn how to hold your own keys. Once you learn how to hold digital assets... You are your own bank. The end of the banking class is a good thing.
@@TruckTaxiMoveIt Unfortunately, in this case the state of California pays unemployment through EDD. I agree, I dumped BofA and Wells Fargo years ago for a credit union. But these people and their unemployment is through the state of California and Bank of America. It should go to your bank, not the state of California chooses a bank for you.
They closed my account without notice, only after the fact they tell you. They might be communists this is not how i saw banks operate 10 years ago. They might be running out of business
Don't blame the banks, blame the idiot who give their money to the banks. Once you deposit, its no longer your money ( : They can hold it as long as they want, arrest you for withdrawing your "money" if it exceeds a certain amount. Refuse to allow you access to it, it happens every single day.
Yup...hate them. Closed out all accounts over 10 years ago and demanded that they removed my name from their database because I dont want to hear or received one single mail from them.
This is all the government people fault! We really need to talk to someone who can really guide us in what are our real rights! Because it seems we are losing our rights with these asshole!
@@paulforester2242 - WRONG ! Correct answer is : " If you can find an attorney willing to work on contingency. " Class-action lawsuits win HUGE settlements ! unfortunately... when you win your case... you then become... " A Targeted Individual. " The Deep State employs human demons to harass you into insanity.
@@natalieperez2666 - A person who is truely a " targeted individual, " is stalked. We all NOT all being stalked everywhere we go. You can " deny " the vaccine. When you are given a choice... then you are not a targeted individual. Targeted individuals do NOT have a choice. They are hunted. Viciously hunted down. Viciously !!!!!!
Yes and No...IMHO This is what happens when consumers lose protection and regulations become laxed...just the way the republicans like them...and just how #45 rolled back a lot of consumer protections because the Obama administration pushed for it and got some concessions...you can fix the theft problem but just like the internet, security is an after the fact creation...had the internet been built with security as a core part of its implementation, than we would have a better environment for electronic transfers to occur with little fear of theft...because the banks attacked the EDD, during a pandemic no less, tells you there is more to this story than meets the eye...🧐🤨🤔
@@oculusnomadslosttribe5672 indeed..no president is perfect, HOWEVER, Obama made a lot of headway in many quarters of life, for the health & well being benefits of the citizens, foreign relations and the environment..nearly all which trump and his minions absolutely destroyed. and the ones they didn't destroy? it wasn't because they didn't try..it was *only* because they lost votes on what *would* have been life-stealingnew laws and they lost many court cases over some of the rollbacks in the law that they wanted. just like how they've been losing nearly *every single court case* related to their continuing attempts to overthrow the democratic vote for the new president..who will take office January 20th - 2021. even conservative/Republican judges are sick of trump & friends, and have been ruling AGAINST them most of the time. plus, oddly enough, also the majority conservative supreme court - stacked with trump's favorite GOP appointees - even THEY have said, *NO* to him recently [and I'll take it] re: his *100% unproven * 100% DISPROVEN, in fact, accusations of voter fraud causing him to lose the election. his team, on his behalf, wanted them to overthrow the *semblance* of a democracy we have re: voting, with *their* Supreme Court Justice ruling..and that yahoo has NO shame, his brain is mush. but even though they said, NO, to him and his efforts are sinking fast, we cannot rest because: we MUST get rid of that dinosaur called, 'the electoral college' and the super-delegates that are included with that tired system.' because one citizen should get ONLY one vote for each election, period..AND, for the love of god, love of *theee* gods or for pete's sake, whatever - we just *gotta get money OUT* of politics! no more legalized bribery of our politicians by private super-wealth holders, the banks, corporate *demi-gods.* the politicians are supposed to work *for the people,* *not* their *top 2%,* wealthy donors and *their* wishes..which their banking, corporate and private *real* interests always clash with the interests and most serious needs of the everyday householders.
@@DiandraStarShine My friend..you are preaching to the choir and I love it!!! If both of us were on the stage, I’d just take a seat because your killing it..love it...🧐🤔🤣
That's what they do. 30 years with them and they put through a large debit twice. Took us 2 weeks and 2 visits to a branch to fix. We are now with a credit union.
Banks have been regulated and deregulated on and off. Elizabeth Warren has been preaching this for decades. But credit unions are owned by the members and usually have a better track record. I could have said Savings and Loans but after their failure in the 80s and their bail out by Bush in the 90s - they aren't much better than banks. All has to do with regulating of the industry. People like to swipe. I wouldn't leave any money in a Bank of America bank they are above average worse than all the rest.
Thankfully I just closed My Bof A account yesterday. I was with them for over 25 years. So glad I closed it! Hopefully these poor people get their money back.
They will now after what they just did turning over bank records of innocent citizens who visited the Capitol near the day of the riots. They will pay for that for sure!
When my partner of 42 years passed on in early 2018, I closed his account at Bank of America and distributed the funds per his will to his siblings. I will never reopen an account with Bank of America.
@@TruckTaxiMoveIt You misunderstand, they want to remove cash from society and will record every transaction. If you break their rules they can cut you off and control you like a dog. All governments and big organizations are self serving and suck.
16000 is morning in California. I live in Colorado and RENT ALONE is 2300 a month for a small 2 bedroom townhouse. That’s before light , water,gas , trash, cars , insurance and all our other bills we easily spend 4000 in bills a month if not more.
No, they desperately need the money now that BofA has taken it. So, are you saying it was good that BofA took their money? Or are you saying that because they deigned to be on Unemployment, and saved their money, that they are fair game? Yet, if they were laid off of their jobs, took EDD, and DIDN’T save anything given the country’s economic state, someone like you would say, “they should have saved money while they could!”. Might want to check yourself for a soul, man. You and nineteen others like you.
Oh, well....next time you haven’t spent all your money, let us know. So we ca come take it from you. You obviously didn’t need any of it.....or you would have spent it all.....RIGHT?!
Back in the late 80s I only got 3 months of assistance. I shopped with coupons and made it last as long as I could to get me through a rough time. I was grateful for what little I got. It was very meager what I had to feed 3 littles, I ate what was left on their plates to survive. Used one bottle of dish soap for everything, clothes, baths, hair and dishes. Nothing fancy.
Exactly, now you are starting to understand the big picture and the reason why those funds were removed... Those were never truly his funds, he received them fraudulently but the media wont display that. If we were to check the name on the deposit you would see but they dont show the original deposit.
Unemployment money is deposited into his bank account. Doesn't matter how much you have saved before getting laid off. Not all people spend every dime they make. Couldn't you figure that out by yourself. I assume you aren't a saver.
I had $1700 stolen from my account months ago. BofA reimbursed me the money THEN a few months later they put a negative $1700 in my account and took my whole $900 payment plus the extra $300 included in that payment, then took the next $300 payment and the the last $200 from my next Edd payment. This happened during rent time and put me in a hole. Every time I call BofA, I’m on hold for dam near 3 hours only to be told it’s Edd taking the money. Finally it’s been verified BofA is taking the money, they still haven’t reimbursed me my money.
#1: thats why I withdrew my money as I got it, in case this were to happen. #2: B of A closed my credit card acct, FOR NO REASON. I was never late with a payment and I had a zero balance at the time.
with every direct deposit i receive from my employer, 50% of those funds are sent to my cryptocurrency account and then to a private ledger/wallet. the leftover fiat/cash pays the bills!
This is exactly what happened to me and I've been trying to fix this for the past 2 months with no response from Bank of America. I've been on hold with them for approximately 8 hours, spoken to at least 8 different people that keep telling me they are escalating my issue only to then hear nothing back. And then this report comes out today. Crazy. It all makes sense.
me too bro they drained $9558.57 from my account n closed my card im still fighting them after four months their will b a class action lawsuit if not already filed if ya hear anything please get at me my e mail is hashish559@gmail.com i wanna get my fucking 9 racks back from these crooks n bamboozlers as well
Go park your butt in the bank lobby and tell everyone in earshot what is happening. After they kick you out, grab a sign and hang out in front of the Bank.
Always have everything in writing. E-mailing will not only provide more protection, but it will show a paper trail and keep them accountable if your unable to get a copy of your servicing file.
This is why I took our money out of their bank several years ago. We had $10,000 in an account and they sent a letter saying because of inactivity on the account they would be taking the money from the account. I went almost immediately and removed the funds.
I dropped this bank back in the 90s when they emptied my account and some how claimed I owed them 888888.00 dollars. It was finally settled but was a pain to deal with!
Why would you leave the money in your EDD Bank of America bank account???? Duhhhh your supposed to be paying your bills with it. Not leave it there to collect a high balance. That just shows YOU DON'T NEED IT!!!!
EDD and BofA have a working relationship. Any unemployment benefits is tied to an account with BofA debit card, whether you have a personal account with the bank or not. Lesson here is, withdraw money from your unemployment benefits account daily.
Bank of America was once Bank of Jamaica if I'm not mistaken. Also, any money in a bank account belongs to the bank, they are just saying you are good for that amount. In the era of Direct Deposit, you work and "earn" money, the company says you're good for X amount when it deposits your check, bank says your good for deposited amount. It's all ghost money.
Every time I get paid I go to BofA and withdraw it. I put it into my own account at another bank...... I was worried that something like this could happen. I wish you all the best in getting what is yours
My experience with BofA is that they are crooks. They overcharged me, when one of their tellers caught it they told me to ask for a refund. BofA gave a six month refund, kept the rest. I changed banks, and moved my home loan, cancelled my credit card. I had never been late with a payment. I wrote to them to ask if they thought cheating me out of a few hundred dollars was worth losing a good customer. No answer. You, and everyone, can do better without BofA.
I always drain my money in my accounts to bitcoin and other assets, NEVER TRUST A BANK WITH MORE THAN A NICKLE.. bad enough they have my 5bux hostage in my savings account
Back in the days when the Banks like Bof A were in trouble, the government bail them out with the tax payer's money. Now BofA needs to be accountable to help the people. We shouldn't have bail them out back in those days !!!
@@boataxe4605 don't mock bro God's word is real prophecies being fulfilled right before our faces this is all leading up cashless society in order to buy and sell eventually you will have to take the mark this is no horror story or movie God is real we are not just out here floating around in space.
Forefather Thomas Jefferson warned us a long time ago, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or "later published in The Debate Over the Recharter of the Bank Bill (1809)." Also, if interested, here is a animated entertaining video about what happened to the collapse of the american dream th-cam.com/video/mII9NZ8MMVM/w-d-xo.html
Wow! I got some money loaded in my BOA by the work of James >> IG @char.leshack I can’t wait to share is genius work to everyone here. He’s 100% legit. You can also text or call I did my own through the help of James, IG James-hack-2 and you can also text or call (347) 674-5681
It’s easy, if you are advised you’ll get $1500 a month once you apply and EDD took 6 months to pay out because of backlogs etc. after they “awarded” you money, the back pay adds up.
I started an account with BOFA after returning from deployment overseas, I cashed in alot of Bonds, put that in a savings account and the bank started picking away at it, fees they said, so I withdrew the remaining and closed the account. Oceanside CA, BofA..stay away from that bank. This was over 20 years ago and to this day I hear they are still skimming accounts.
Wow! I got some money loaded in my BOA by the work of James >> IG @char.leshack I can’t wait to share is genius work to everyone here. He’s 100% legit. You can also text or call I did my own through the help of James, IG James-hack-2 and you can also text or call (347) 674-5681
My EDD account was drained of $200 in September, supposedly from an ATM. I filed a complaint with B of A's Claims department and was told in early October that the case was closed, but the money was never returned to my account. Since then, I have called so many times I can't even remember. I have literally spent at least 50 hours on hold waiting to speak to someone. The few times I did get a person, they told me they were independent contractors who did not work for the bank and could only pass along messages. I even went into a branch and they let me call from there, but I still spent 2 hours on hold without talking to anyone. I wrote them at the beginning of November, but haven't heard back. At this point, I've pretty much written it off as a lost cause.
Could have been an inside job. BECAREFUL your Identity didn't get stolen. If I was you I'd switch banks. *EDD checks was extended for a whole year* and they been cashing out tens of thousands of dollars to ppl. Many were sent to wrong addresses while others were from identity thefts. My neighbor got EDD mail for 12 different ppl and I got ATM cards for 3 different individuals. Anyways the post office said they were getting "returned edd mail" every day, huge containers, _no such person living at this address._
@@onomanapua I wish it were that simple. Since B of A handles EDD payments for the entire state of California, I don't know how I can prevent them from accessing my UI payments, unless I just go back to paper and have them mail me checks.
Bank of America is a freakin joke. I am surprised they don't charge their customers for the air they breathe while waiting in line. They closed the last three branches where I had accounts. Turnabout is fair play, I closed out my account a decede ago and haven't looked back. F B of A.
The question of the big picture. Why would Bank of America have any power what so ever to take money benefits that the state pays out to people?!!! WTH???!!!
oh great. I am in the process of appeal myself. This is such bullshit. I think all of us who are going through this with Cali EDD should band together and sue them!
It is not Bank of America’s job to determine who is a fraudulent “applicant”. Unless they have warrants or court orders they shouldn’t be freezing and taking away anyone’s money. Just like they try to act funny when someone tries to put money in an account or cash a check. It is non of your business as to what the money is for unless once again a court has issued a order to freeze an account. This is what is wrong in America. Companies doing shit that is not there job to do.
This reminds me of an old European saying: "The banker is the one who takes away your umbrella when it starts to rain."
Gov. Gruesome needed the money for more dinner dates at the French Laundry.
And we make fun of European.
French fries they say😂😂😂😂
Exactly why we can’t be a cashless society! They can freeze or take funds at anytime!
Correct, and they will know everything that you do. If they don't approve, they will not allow the transaction.
Exactly
Cash is dirty tho :(
@@pretendo_024 You are dirty
but it's coming..
This is a perfect example of why we should not go cashless. They can just turn off your life. You want them to have that power?,I don't.
Exactly
Bingo!
Ding, Ding, Ding, Ding!... Winner, Winner Chicken dinner!.... 👏🏻👏🏻👏🏻
yeah dig a hole in the backyard to store your loot! cut holes in your walls and put a fire retardant blanket over your big piles of cash!
You need to learn how to hold your own keys. Once you learn how to hold digital assets... You are your own bank. The end of the banking class is a good thing.
I feel so sorry for these people. How can you take every last penny. How are people supposed to purchase groceries and pay their rent.
Don't work with Bank of America
@@TruckTaxiMoveIt EDD has a contract with BOFA for unemployment benefits. They need to rethink there contract.
@@TruckTaxiMoveIt Unfortunately, in this case the state of California pays unemployment through EDD. I agree, I dumped BofA and Wells Fargo years ago for a credit union. But these people and their unemployment is through the state of California and Bank of America. It should go to your bank, not the state of California chooses a bank for you.
I guarantee you, the people who are stealing this money do not care if the victims live or die!
because these corporations don't care -- they are pledging allegiance to the NWO.
BofA is so corrupt. I don’t use EDD, but this story makes me relieved that I closed my account with them.
I have a relative that has boa for Edd. I told her as soon as the money is in the account cash it out asap
I closed my acount with them years ago ...
Shut them down!!! NOW!
They closed my account without notice, only after the fact they tell you. They might be communists this is not how i saw banks operate 10 years ago. They might be running out of business
Banks acting like scumbags??? No way!!
Don't blame the banks, blame the idiot who give their money to the banks. Once you deposit, its no longer your money ( : They can hold it as long as they want, arrest you for withdrawing your "money" if it exceeds a certain amount. Refuse to allow you access to it, it happens every single day.
Current BofA customer of 17 years here. They will be losing my business
Credit unions are the wave, yo.
close ur account...
Boa is shit bank. Closed account several years ago
Yup...hate them. Closed out all accounts over 10 years ago and demanded that they removed my name from their database because I dont want to hear or received one single mail from them.
@@knguyen2237 Oh God thanks for the reminder. Yes these shady characters shouldn't have my data, at all.
Definitely time to file a lawsuit. Absolutely disgusting.
This is all the government people fault! We really need to talk to someone who can really guide us in what are our real rights! Because it seems we are losing our rights with these asshole!
If you have money for a lawsuit.
@@paulforester2242 - WRONG ! Correct answer is : " If you can find an attorney willing to work on contingency. "
Class-action lawsuits win HUGE settlements !
unfortunately... when you win your case... you then become... " A Targeted Individual. "
The Deep State employs human demons to harass you into insanity.
@@AlmaWells We are all targeted individuals these days with the covid vaccinations just around the corner.
@@natalieperez2666 - A person who is truely a " targeted individual, " is stalked.
We all NOT all being stalked everywhere we go.
You can " deny " the vaccine. When you are given a choice... then you are not a targeted individual.
Targeted individuals do NOT have a choice. They are hunted. Viciously hunted down. Viciously !!!!!!
This is what happens when money is electronically transferred to cards. It’s easier to steal
Yup just like using a bluetooth brute force hack to your phone.
Yes and No...IMHO This is what happens when consumers lose protection and regulations become laxed...just the way the republicans like them...and just how #45 rolled back a lot of consumer protections because the Obama administration pushed for it and got some concessions...you can fix the theft problem but just like the internet, security is an after the fact creation...had the internet been built with security as a core part of its implementation, than we would have a better environment for electronic transfers to occur with little fear of theft...because the banks attacked the EDD, during a pandemic no less, tells you there is more to this story than meets the eye...🧐🤨🤔
@@oculusnomadslosttribe5672 You're stupid.. This is ALL DEMOCRATS DOING.. time to extinguish all DEMOCRATS' flames.
@@oculusnomadslosttribe5672 indeed..no president is perfect, HOWEVER, Obama made a lot of headway in many quarters of life, for the health & well being benefits of the citizens, foreign relations and the environment..nearly all which trump and his minions absolutely destroyed.
and the ones they didn't destroy? it wasn't because they didn't try..it was *only* because they lost votes on what *would* have been life-stealingnew laws and they lost many court cases over some of the rollbacks in the law that they wanted.
just like how they've been losing nearly *every single court case* related to their continuing attempts to overthrow the democratic vote for the new president..who will take office January 20th - 2021. even conservative/Republican judges are sick of trump & friends, and have been ruling AGAINST them most of the time.
plus, oddly enough, also the majority conservative supreme court - stacked with trump's favorite GOP appointees - even THEY have said, *NO* to him recently [and I'll take it] re: his *100% unproven * 100% DISPROVEN, in fact, accusations of voter fraud causing him to lose the election.
his team, on his behalf, wanted them to overthrow the *semblance* of a democracy we have re: voting, with *their* Supreme Court Justice ruling..and that yahoo has NO shame, his brain is mush.
but even though they said, NO, to him and his efforts are sinking fast, we cannot rest because:
we MUST get rid of that dinosaur called, 'the electoral college' and the super-delegates that are included with that tired system.' because one citizen should get ONLY one vote for each election, period..AND, for the love of god, love of *theee* gods or for pete's sake, whatever - we just *gotta get money OUT* of politics!
no more legalized bribery of our politicians by private super-wealth holders, the banks, corporate *demi-gods.* the politicians are supposed to work *for the people,* *not* their *top 2%,* wealthy donors and *their* wishes..which their banking, corporate and private *real* interests always clash with the interests and most serious needs of the everyday householders.
@@DiandraStarShine My friend..you are preaching to the choir and I love it!!! If both of us were on the stage, I’d just take a seat because your killing it..love it...🧐🤔🤣
That's what they do. 30 years with them and they put through a large debit twice. Took us 2 weeks and 2 visits to a branch to fix. We are now with a credit union.
Bank of America sucks. I quit them years ago.
same here
@Alvin Zarco Credit Unions will generally give you a better deal. Also, CUs are not for profit.
Banks have been regulated and deregulated on and off. Elizabeth Warren has been preaching this for decades. But credit unions are owned by the members and usually have a better track record. I could have said Savings and Loans but after their failure in the 80s and their bail out by Bush in the 90s - they aren't much better than banks. All has to do with regulating of the industry. People like to swipe. I wouldn't leave any money in a Bank of America bank they are above average worse than all the rest.
I did too so happy with TD BANK
Chase sucks as well
This is only the start. things will get much worse…and you know it.
Not so Joe Biden and Nancy Pelosi have all the answers in their home ice cream freezers.
Bank of America: AKA “Satan” I closed my account with them in 2005. I have a Credit Union and have never looked back.
I’ve heard that’s the way to go
@@underworldroyalty I’m sorry you went through that twenty six years ago. Sad part is that those bastards have not changed. They are truly disgusting.
Unfortunate that EDD recipients are forced to use a specific bank though.
@@Rivienne Sad that they are forced to use those bottom feeders at B of A
Agreed I’m with a credit union too. Except when they gone free money then I’ll open an account with them.
Thankfully I just closed My Bof A account yesterday. I was with them for over 25 years. So glad I closed it! Hopefully these poor people get their money back.
Amen !!!!! I hope and pray they can !!
Bank of America is about to be asking the government for a bailout when this pandemic is over😂😂
They will now after what they just did turning over bank records of innocent citizens who visited the Capitol near the day of the riots. They will pay for that for sure!
That's why I transfer my EDD money to my credit union asap.
yup me too, otherwise I think all the money I had would have been taken too. That at least saved me a little bit.
@@daisygirl1217 I think I will start doing that too.
When my partner of 42 years passed on in early 2018, I closed his account at Bank of America and distributed the funds per his will to his siblings. I will never reopen an account with Bank of America.
You are smart, it’s not the first time that Bank of America has found itself in legal trouble, I also stay away from Wells Fargo for the same reason
eugenegm sorry you lost your partner...hope you are doing well
The government controls the banks. The banks are doing what they are told to do by the federal gov.
Sure a cashless society suckers just trust the banks and government.
So what do you do with your money if you choose not to put it in the bank
@@TruckTaxiMoveIt You misunderstand, they want to remove cash from society and will record every transaction. If you break their rules they can cut you off and control you like a dog.
All governments and big organizations are self serving and suck.
I understand these peoples fears but I wish i had had 16000 in my account while on unemployment!
@The Yellowjackets lol I know right
@The Yellowjackets Just live off your trust fund till then.
16000 is not really much when you have mortgage and bills.
16000 is morning in California. I live in Colorado and RENT ALONE is 2300 a month for a small 2 bedroom townhouse. That’s before light , water,gas , trash, cars , insurance and all our other bills we easily spend 4000 in bills a month if not more.
@@filaphill and property taxes
Test run for all banks... get your money out now!
The point here don’t trust banks !!
No, it's really don't trust American politians.
@@donnabennett9528 banks run nations that politicians rule don’t trust either
That’s why you should use Credit Unions not banks !
My father got screwed a few times at his credit union.
They aren’t immune.
The people who are using this account have no choice. The state of CA loads funds onto that prepaid card because they have a contract with BOA.
Credit Union is turning into a bank.
What makes the difference?
@@TruckTaxiMoveIt Credit Unions operate under a totally different rules than banks.
When is enough, enough people?
The "people" just elected a socialist and communist as the leaders of our country, I think that answers your question.
EDD stands for Employment Development Department
T.Y. !
That IS in the actual video
If you're truly unemployed how could you have 10k on the account. If you're on unemployment you're probably living hand to mouth.
If we had not been working, we would have made more on unemployment than working!
@Isaac Barrett exactly!
It could have been deposited by EDD at one time. I don't assume that it was an accumulated balance.
@@KRL Yes. I guess you're right.
They desperately needed the money, yet EDD payments just stacked up and sat in their account?
No, they desperately need the money now that BofA has taken it. So, are you saying it was good that BofA took their money? Or are you saying that because they deigned to be on Unemployment, and saved their money, that they are fair game? Yet, if they were laid off of their jobs, took EDD, and DIDN’T save anything given the country’s economic state, someone like you would say, “they should have saved money while they could!”. Might want to check yourself for a soul, man. You and nineteen others like you.
Fuck you Brian P ya bish
Oh, well....next time you haven’t spent all your money, let us know.
So we ca come take it from you.
You obviously didn’t need any of it.....or you would have spent it all.....RIGHT?!
Back in the late 80s I only got 3 months of assistance. I shopped with coupons and made it last as long as I could to get me through a rough time. I was grateful for what little I got. It was very meager what I had to feed 3 littles, I ate what was left on their plates to survive. Used one bottle of dish soap for everything, clothes, baths, hair and dishes. Nothing fancy.
Been collecting unemployment benifets since May and have received $20,784.00 so far. Not many bills here..no kids.. it's basically beer $ for me.
That is reporting people! It’s seems to be a lost art lately. Nice job. Run these crooks down!
Wait how's a hotel employee getting 16000 in unemployment. Account?
Exactly.
Because its retro active payments he didnt get on time
Exactly, now you are starting to understand the big picture and the reason why those funds were removed... Those were never truly his funds, he received them fraudulently but the media wont display that. If we were to check the name on the deposit you would see but they dont show the original deposit.
I thought I was the only person wondering about the large sums of money. If you are unemployed one would think you would need to spend the money.
Unemployment money is deposited into his bank account. Doesn't matter how much you have saved before getting laid off. Not all people spend every dime they make. Couldn't you figure that out by yourself. I assume you aren't a saver.
They do this stuff towards end of year to cook the books. They do it 'cause THEY'RE GREEDY. Whew. What a surprise.
I heard bank of America stole money and invest in buying back there own stock..
As soon as I get paid that day money is withdrawn all of it.
I had $1700 stolen from my account months ago. BofA reimbursed me the money THEN a few months later they put a negative $1700 in my account and took my whole $900 payment plus the extra $300 included in that payment, then took the next $300 payment and the the last $200 from my next Edd payment. This happened during rent time and put me in a hole. Every time I call BofA, I’m on hold for dam near 3 hours only to be told it’s Edd taking the money. Finally it’s been verified BofA is taking the money, they still haven’t reimbursed me my money.
They are after everyone !!!
Same thing happened to me in reno so its not edd.. its BofA
WoW
Come on do you think that they really wouldn’t take their money
Bank of China. Look into it. It’s sad.
#1: thats why I withdrew my money as I got it, in case this were to happen.
#2: B of A closed my credit card acct, FOR NO REASON. I was never late with a payment and I had a zero balance at the time.
I always loved "Finney on your side". Good job Michael. Get em ;)
Even if they have to fess up to it what about the huge amount of interest they made on it.
B of A has just gotten worse about edd and ssi over the years
It was EDD that stopped it and froze the fund's..it wasn't the bank. The bank is only the servicer.
Absolutely.
People quick to place blame without understanding the situation.
Yup! But you know the saying...
Stupid is...as stupid does.
This is horrifying. I hope these people get their money back. I would never bank with Bank of America.
with every direct deposit i receive from my employer, 50% of those funds are sent to my cryptocurrency account and then to a private ledger/wallet.
the leftover fiat/cash pays the bills!
same here
Do you allocate most to stablecoins or trade to actual cryptos?
This is exactly what happened to me and I've been trying to fix this for the past 2 months with no response from Bank of America. I've been on hold with them for approximately 8 hours, spoken to at least 8 different people that keep telling me they are escalating my issue only to then hear nothing back. And then this report comes out today. Crazy. It all makes sense.
me too bro they drained $9558.57 from my account n closed my card im still fighting them after four months their will b a class action lawsuit if not already filed if ya hear anything please get at me my e mail is hashish559@gmail.com i wanna get my fucking 9 racks back from these crooks n bamboozlers as well
Go park your butt in the bank lobby and tell everyone in earshot what is happening. After they kick you out, grab a sign and hang out in front of the Bank.
Always have everything in writing. E-mailing will not only provide more protection, but it will show a paper trail and keep them accountable if your unable to get a copy of your servicing file.
This happened to my back in 2014, they locked my edd account.
Worse bank ever!!
Student loan debt? Universities and Banks together forever.
Totalitarianism at its best! Those who did research and saw this coming hopefully prepared accordingly. All others are in my prayers.
Wow, thanks for the great reporting.
what bank is the best to open the checking account?
This is why I took our money out of their bank several years ago. We had $10,000 in an account and they sent a letter saying because of inactivity on the account they would be taking the money from the account. I went almost immediately and removed the funds.
I dropped this bank back in the 90s when they emptied my account and some how claimed I owed them 888888.00 dollars. It was finally settled but was a pain to deal with!
Another reason why I believe digital payments though our phones will soon replace banks
Asherah 1147 Ya it’s also easy to turn it off 🤔
What will you do when the power goes out?
Bank of America closed my account rit before shout down when i ask the reason they said it's a business matter!!!
Why would you leave the money in your EDD Bank of America bank account???? Duhhhh your supposed to be paying your bills with it. Not leave it there to collect a high balance. That just shows YOU DON'T NEED IT!!!!
Great!....I just reopened my account with BoA
CA is up to something
Just another corrupt bank!
EDD and BofA have a working relationship. Any unemployment benefits is tied to an account with BofA debit card, whether you have a personal account with the bank or not. Lesson here is, withdraw money from your unemployment benefits account daily.
Bank of America was once Bank of Jamaica if I'm not mistaken.
Also, any money in a bank account belongs to the bank, they are just saying you are good for that amount. In the era of Direct Deposit, you work and "earn" money, the company says you're good for X amount when it deposits your check, bank says your good for deposited amount. It's all ghost money.
Don't do business with Bank of America believe me.
Every time I get paid I go to BofA and withdraw it. I put it into my own account at another bank...... I was worried that something like this could happen. I wish you all the best in getting what is yours
Invest in lead. Were done talking! The only thing they understand is $ so lets cost them some $ and start puttin lead in the the bank
There are better uses for lead.
My experience with BofA is that they are crooks. They overcharged me, when one of their tellers caught it they told me to ask for a refund. BofA gave a six month refund, kept the rest. I changed banks, and moved my home loan, cancelled my credit card. I had never been late with a payment. I wrote to them to ask if they thought cheating me out of a few hundred dollars was worth losing a good customer. No answer. You, and everyone, can do better without BofA.
I always drain my money in my accounts to bitcoin and other assets, NEVER TRUST A BANK WITH MORE THAN A NICKLE.. bad enough they have my 5bux hostage in my savings account
Bitcoin is capable of draining your account alot faster. Never trust Digital money, only Digital music 🎵
Back in the days when the Banks like Bof A were in trouble, the government bail them out with the tax payer's money. Now BofA needs to be accountable to help the people. We shouldn't have bail them out back in those days !!!
This may just be the beginning of all banks doing the same thing to your accounts.
When I was a kid, I’m 50, BofA closed me and my brothers savings accounts due to inactivity.
They Never Returned Our Money!
Bank of Italy
So very happy not to live in that Hell hole. It was a beautiful vibrant city 30 years back.
God so loved the world that he gave his only son, that whoever believes in him should not perish but have everlasting life. (John 3:16)
And what does that have to do with this?
@@boataxe4605 don't mock bro God's word is real prophecies being fulfilled right before our faces this is all leading up cashless society in order to buy and sell eventually you will have to take the mark this is no horror story or movie God is real we are not just out here floating around in space.
@@boataxe4605 Because everything that we are going through now matters nothing eternally speaking if you put your faith and Trust in Jesus Christ.
I do not leave my money at BoA. Why is EDD sending our money to them, I have my own bank.
That’s true wth we work hard for our money for these idiots too take
Forefather Thomas Jefferson warned us a long time ago, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered." - This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or "later published in The Debate Over the Recharter of the Bank Bill (1809)."
Also, if interested, here is a animated entertaining video about what happened to the collapse of the american dream th-cam.com/video/mII9NZ8MMVM/w-d-xo.html
They should file a class action lawsuit against Bank Of America. They should also contact The FBI and The United States Secret Service.
Wow! I got some money loaded in my BOA by the work of James >> IG
@char.leshack I can’t wait to share is genius work to everyone here. He’s 100% legit. You can also text or call I did my own through the help of James, IG James-hack-2 and you can also text or call (347) 674-5681
Let the great reset begin!!! You are getting what you voted for -- sucks to be u.
@Mitch Payton say what you want - it still sucks for u and not me. You get what you voted for!!!!!!
Exactly why I immediately transferred my funds as soon as they were deposited.
How does an unemployed person have $10,000 in benefits in their account??
It’s easy, if you are advised you’ll get $1500 a month once you apply and EDD took 6 months to pay out because of backlogs etc. after they “awarded” you money, the back pay adds up.
I started an account with BOFA after returning from deployment overseas, I cashed in alot of Bonds, put that in a savings account and the bank started picking away at it, fees they said, so I withdrew the remaining and closed the account. Oceanside CA, BofA..stay away from that bank.
This was over 20 years ago and to this day I hear they are still skimming accounts.
Scare tactic to have people use the money
Remember Bank of America used to be known as little bank of Italy you know like the mafia
Wow! I got some money loaded in my BOA by the work of James >> IG
@char.leshack I can’t wait to share is genius work to everyone here. He’s 100% legit. You can also text or call I did my own through the help of James, IG James-hack-2 and you can also text or call (347) 674-5681
My EDD account was drained of $200 in September, supposedly from an ATM. I filed a complaint with B of A's Claims department and was told in early October that the case was closed, but the money was never returned to my account. Since then, I have called so many times I can't even remember. I have literally spent at least 50 hours on hold waiting to speak to someone. The few times I did get a person, they told me they were independent contractors who did not work for the bank and could only pass along messages. I even went into a branch and they let me call from there, but I still spent 2 hours on hold without talking to anyone. I wrote them at the beginning of November, but haven't heard back. At this point, I've pretty much written it off as a lost cause.
Could have been an inside job. BECAREFUL your Identity didn't get stolen. If I was you I'd switch banks. *EDD checks was extended for a whole year* and they been cashing out tens of thousands of dollars to ppl. Many were sent to wrong addresses while others were from identity thefts. My neighbor got EDD mail for 12 different ppl and I got ATM cards for 3 different individuals. Anyways the post office said they were getting "returned edd mail" every day, huge containers, _no such person living at this address._
@@onomanapua I wish it were that simple. Since B of A handles EDD payments for the entire state of California, I don't know how I can prevent them from accessing my UI payments, unless I just go back to paper and have them mail me checks.
So glad I quit that shady bank.
This is the problem
Bank of America is a freakin joke. I am surprised they don't charge their customers for the air they breathe while waiting in line. They closed the last three branches where I had accounts. Turnabout is fair play, I closed out my account a decede ago and haven't looked back. F B of A.
A real investigative reporter?? Putting your job on the line. Courageous
Was the bank hacked!? SOUNDS LIKE A CRIMINAL ACT
Wow...after watching this I am scared that I left all my EDD funds in my BOA account and have not moved them yet...I will be doing so immediately
This should cause a boycott of Bank of America
Bank of America needs to be shut down!!!!
The question of the big picture. Why would Bank of America have any power what so ever to take money benefits that the state pays out to people?!!! WTH???!!!
This makes sense I had 300 taken out of my Edd account out of nowhere!!!
Finally they are looking at these banks, what the f took so long
And imagine if u had direct deposit what could happen.
Somethings coming if banks are draining accounts and running.... 🥶
It's called a "Bail In" .stand up against oppression #No more.
You tell ‘em papi
Plus embezzling has become the number one crime in organizations, politics,everywhere....embezzling is up there with the top crimes in our country.
Boycott the B.O.A. CONSTRICTOR!!!
Don't trust banks with your money. Specially BoA.
Go credit union instead.
I went as far as a hearing with a judge about my 9 weeks of missing pay, that was 3 months ago now. I got screwed
oh great. I am in the process of appeal myself. This is such bullshit. I think all of us who are going through this with Cali EDD should band together and sue them!
Same thing happened in AZ
It is not Bank of America’s job to determine who is a fraudulent “applicant”. Unless they have warrants or court orders they shouldn’t be freezing and taking away anyone’s money. Just like they try to act funny when someone tries to put money in an account or cash a check. It is non of your business as to what the money is for unless once again a court has issued a order to freeze an account. This is what is wrong in America. Companies doing shit that is not there job to do.
Good for the state representatives representing the people