Bank of America Wipes Out Balances with a "Display Issue" + BofA Helps Crook Buy a Lambo + We Rescue $1900 for Luke in Philly!

<p><strong>The Why Your Bank Sucks Podcast becomes "The Notorious Banker" on August 10th!</strong></p> <p><strong>Last pod under WYBS is a big one. First we hit upon some breaking news with BofA. A major glitch online on 8-5-2020 has wiped out customer accounts to $0 aesthetically. Bank of America refers to it as a "Display Issue"... I discuss the insane Twitter backlash about this issue, and how some people have lost functionality with their accounts at the moment.</strong></p> <p><a href="https://www.bloomberg.com/news/articles/2020-08-05/bofa-says-it-has-display-issue-following-0-balance-complaints?utm_content=business&amp;utm_source=twitter&amp;utm_medium=social&amp;utm_campaign=socialflow-organic&amp;cmpid=socialflow-twitter-business"><strong>Bloomberg Article</strong></a></p> <p><a href="https://www.fox46.com/news/bank-of-america-experiencing-major-online-glitch-0-displaying-in-accounts/"><strong>Fox Charlotte Article</strong></a></p> <p><br></p> <p><strong>Then we talk about a story of a crook in South Florida who used Bank of America to get $4 Million in PPP Loans that he fraudulently got to spend on his lavish lifestyle include a Lamborghini and Dating Websites. We talk about How Bank of America likely stepped over smaller businesses to give this guy his $4 Million and how I know BofA swings for the fences with high-dollar clients more and more. Ridiculous Story</strong></p> <p><a href="https://www.tampabay.com/news/health/2020/07/28/he-bought-a-lamborghini-after-getting-a-4-million-ppp-loan-now-he-faces-a-fraud-charge/"><strong>Tampa Bay Times Article</strong></a></p> <p><br></p> <p><strong>Plus, I talk about the story of Luke in Philly and discuss how Bank of America denied a claim for over $1900 for him. He wrote a check to his landlord, the check was stolen, washed, and rewritten in much different handwriting, and Bank of America STILL CASHED IT, and then DENIED HIS CLAIM. I talk about the stress he went through, how we cracked the case, and how long and insane the journey was.</strong></p> <p><br></