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Noah Golden opened an account at Chase bank in 2017 for his then-6-year-old daughter. The idea was to gradually deposit funds and then present her with the windfall when she turns 18.
Golden, 41, seldom monitored the account. Year after year, he just kept putting cash into it.
It wasn’t until recently the Woodland Hills resident discovered that, on dozens of occasions, someone else — not his daughter — was taking money out.
This is one of numerous horror stories I received in response to last week’s column on Chase’s failure to prevent an 81-year-old customer from wiring more than $600,000 to an overseas scammer.
www.latimes.com
Golden, 41, seldom monitored the account. Year after year, he just kept putting cash into it.
It wasn’t until recently the Woodland Hills resident discovered that, on dozens of occasions, someone else — not his daughter — was taking money out.
This is one of numerous horror stories I received in response to last week’s column on Chase’s failure to prevent an 81-year-old customer from wiring more than $600,000 to an overseas scammer.
Column: Here's what happened after $1,200 was drained from an 11-year-old's bank account
A Southern California man opened a Chase account for his young daughter. He discovered that someone was withdrawing funds. Not our problem, Chase said.
www.latimes.com
