Zelle Fraud and BofA Apathy Strike in Beantown + Bank of America Sets Aside $200 Million for "Personal Device" Issue

<p><strong>Sorry about the delay.</strong></p> <p><strong>I am working on a Zelle book and it has been hard to record.<br> <br> Ironically my first topic is about Zelle.</strong><a href="https://www.wcvb.com/article/scammers-zelle-steal-thousands-massachusetts-mans-bank-wouldnt-help/40656530#"><strong> WCVB in Boston had a story about a local man who was attacked by cyber criminals who commandeered his online banking to send themselves $3000 via Zelle </strong></a><strong>from his online banking despite his texts not authorizing the transaction. Ben Simmoneau, the reporter, got the money back for this man and had a nuanced point about Reg E, which is supposed to protect customers from fraud. Bank of America of course did nothing UNTIL the news story came out...like always.</strong></p> <p><br></p> <p><strong>Plus I talk about BofA Earnings, and how a $400MM amount was set aside to take care of 2 settlements. First one was something we talked about. $225MM fine for Unemployment issues. </strong><a href="https://www.cnbc.com/2022/07/18/bank-of-america-puts-aside-200-million-for-probe-into-bankers-use-of-personal-devices.html"><strong>The other $200MM? For improper use of personal devices.</strong></a><strong> I discuss the grey area that bankers have with customers info and talking amongst themselves. During WFH in 2020 with COVID sending people home to work, a lot likely happened to warrant this potential fine, which I believe ended up causing people to go back into the office more than anything else that was going on.</strong></p> <p><br></p> <p><strong>Plus, I discuss the direction of my BofA book in light of recent events that happened in my life!</strong></p> <p><strong>NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!</strong></p> <p><strong>27,000+ Followers on TikTok, Twitter and Instagram</strong></p> <p><a href="http://www.cooglerbofabook.com/"><strong>Buy My Book "High-Risk Transaction"</strong></a></p> <p><strong>Find all my social media and