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Banking

How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'? How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'?
How To Avoid Lottery, Prize Scams: You Didn’t Enter, But You 'Won'? A surprise message says you hit the jackpot, but there’s a catch: you must pay a fee or hand over personal details to claim it.  That’s the hallmark of a lottery or prize scam—designed to separate you from your money and identity. These schemes often arrive by email, text, phone, or mail and lean on pressure tactics to force quick decisions.  Scammers frequently demand “taxes,” “processing,” or “shipping” upfront, or ask for sensitive data to “verify” you.  Legitimate lotteries do not require payment to release a prize, and you should never be asked for your Social Security…
Scammers Using Texts To Steal Bank Account Info: What To Know Scammers Using Texts To Steal Bank Account Info: What To Know
Scammers Using Texts To Steal Bank Account Info: What To Know It might look like a message from your bank. It might even sound urgent. But experts warn those texts could be nothing more than a scam designed to steal your money or personal information. Known as “smishing,” these fraudulent texts impersonate banks to trick people into handing over account details.  The scam often follows a pattern: a fake alert about a locked account or suspicious charge, followed by a link to a convincing but fraudulent website.  Entering information there can hand scammers access to your accounts, or worse, install malware on your phone. Your bank will nev…
Don’t Cash In: Unsolicited Checks Could Cost You Big Don’t Cash In: Unsolicited Checks Could Cost You Big
Don’t Cash In: Unsolicited Checks Could Cost You Big Receiving a check in the mail might seem like a stroke of luck, but experts warn it could be the start of a costly scam.  Authorities are alerting consumers about a surge in unsolicited check fraud schemes targeting people across the US. How The Scam Works Unsolicited check fraud typically begins when you receive a check from someone you don’t know.  The scammer may contact you about a job, a prize, or even as an overpayment for something you’re selling online.  The check looks genuine, and when you deposit it, the funds may appear in your account almost immediately. But …
Zelle Left Users Open To $1B In Scams, NY AG Says Zelle Left Users Open To $1B In Scams, NY AG Says
Zelle Left Users Open To $1B In Scams, NY AG Says The operator of Zelle is accused of designing the popular payment app without basic safeguards, allowing scammers to steal more than $1 billion from users. A lawsuit filed against Early Warning Services, LLC (EWS) by New York Attorney General Letitia James’ office Wednesday, Aug. 13, alleges the company failed to protect users from scams. EWS operates Zelle and is owned by a consortium of some of the country’s largest banks, including JPMorgan Chase, Bank of America, Capital One, and Wells Fargo. According to the complaint, EWS launched Zelle in 2017 without critical safeguards, making it …
Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge
Electrolyte Imbalance Kills Dad Of 3 After Grueling 'Everesting' Challenge A 43-year-old Connecticut husband and father of three has died after participating in a grueling endurance event in Wyoming called “Everesting.” Slava Leykind, of Westport, suffered an electrolyte imbalance that caused cardiac arrest on July 2. He had been competing in the 29029 Everesting event, where endurance athletes climb a 1,500-foot mountain trail repeatedly until they've ascended a collective 29,032 feet, the height of Mount Everest, according to the Jackson Hole News & Guide. Leykind began climbing at 6 a.m. on the event’s second day. After five and a half hours and six tr…
Bronx Man Tried Cashing Fake Check At Maywood Bank, Then Made A Run For It: Cops Bronx Man Tried Cashing Fake Check At Maywood Bank, Then Made A Run For It: Cops
Bronx Man Tried Cashing Fake Check At Maywood Bank, Then Made A Run For It: Cops A Bronx man trying to cash a fake check at a TD Bank in Bergen County took off running when police showed up — but he didn’t get far, authorities said. Lamont T. Everett, 31, was arrested on Sunday, June 8, around 12:43 p.m., after employees at the TD Bank on Maywood Avenue reported a man trying to cash a fraudulent check, according to the Maywood Police Sgt. William Phayre. Officer Andrew Mulligan arrived and saw Everett walking out of the bank, police said. When Everett spotted the officer, he ran. Mulligan chased Everett down East Pleasant Avenue and apprehended him two blocks away, pol…
J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (PHOTOS) J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (PHOTOS)
J.P. Morgan Opening Luxury Banks To Attract Wealthy Clients: Look Inside (Photos) JPMorganChase is catering to wealthier clients with more than a dozen high-end financial centers, including some in the Northeast. The banking giant will open 14 new J.P. Morgan Financial Centers throughout the last week of May, according to a news release on Tuesday, May 27. The luxury banks will be in Massachusetts, New York, California, and Florida. JPMorgan opened two locations in 2024 and plans to reach a total of 31 by the end of 2026. "Through these financial centers, we are redefining how affluent clients are served, offering a highly personalized level of service that is back…
Ex-Bergen County Library Staffer Admits Embezzling $3.2M From Couple Who Trusted Him, Feds Say Ex-Bergen County Library Staffer Admits Embezzling $3.2M From Couple Who Trusted Him, Feds Say
Ex-Bergen County Library Staffer Admits Embezzling $3.2M From Couple Who Trusted Him, Feds Say A Passaic County man and former tech administrator at a Bergen County library admitted to embezzling more than $3.2 million from a local couple who had hired him as a part-time personal assistant, federal prosecutors said. Charles Gallo, 34, of Hawthorne, pleaded guilty in Newark federal court to one count of wire fraud, U.S. Attorney Alina Habba said Friday, May 2. Gallo began working for the victims in 2018, helping manage their bills, banking, emails, and tech issues, court documents say. From March 2022 to March 2023, Gallo used his access to steal millions, including making ATM withdra…
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know
Capital One's $35B Merger With Discover Approved: Here's What Customers Should Know Capital One's $35.3 billion acquisition of Discover received its final approval, clearing the way for a megamerger that reshapes the credit card and payments industry. The Federal Reserve's board approved the deal on Friday, April 18. The merger brings together two of the country's top credit card issuers, giving Capital One control of Discover's global payments network of 70 million merchant locations in more than 200 countries. The acquisition – first announced in February 2024 – is expected to close Sunday, May 18, the companies said in a joint news release. "This is an exciting mo…
Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year
Hundreds Of NJ Workers To Be Laid Off From These Major Corporations This Year Hundreds of New Jersey workers will be out of a job this year as several major companies slash their workforces, according to state WARN (Worker Adjustment and Retraining Notification) filings. From retail giants to pharmaceutical leaders, the layoffs span multiple sectors and impact communities across the state. Here’s what’s coming: Walmart – Hoboken Effective date: June 13, 2025 Employees impacted: 481 The notice was posted in February. Bristol Myers Squibb – Lawrence Township Effective dates: May 22, June 6, June 20, and Aug. 1, 2025 Employees impacted: 223 Layoffs at the pharmaceu…
SWAT Called To Little Ferry Home After Woman Threats To 'Kill Bank Worker With Terrorist:' Cops SWAT Called To Little Ferry Home After Woman Threats To 'Kill Bank Worker With Terrorist:' Cops
SWAT Called To Little Ferry Home After Woman Threats To 'Kill Bank Worker With Terrorist:' Cops A Little Ferry woman who allegedly threatened to harm a PNC Bank employee — and claimed she was “with a terrorist” — barricaded herself inside her home, prompting a SWAT team response Thursday morning, March 27, authorities said. The incident began at 10:05 a.m., when PNC Bank corporate manager contacted police to report that Elizabeth Malangone had made the threat during a phone call with customer service, according to a press release from the Little Ferry Police Chief James Walters. Malangone allegedly told the representative that she was “going to harm employees at an unknown PNC Bank” a…
Best Bank/Credit Union In Bergen County In 2024: Bank of America Best Bank/Credit Union In Bergen County In 2024: Bank of America
Best Bank/Credit Union In Bergen County In 2024: Bank of America We are thrilled to announce that Bank of America in Wyckoff has been named Best Bank/Credit Union in Bergen County in the 2024 Daily Voice Readers' Choice Awards! Bank of America is known for its user-friendly digital banking options, comprehensive financial products, and a team of dedicated professionals who prioritize customer needs, according to its website.  The 2024 Daily Voice Readers' Choice contest to name the Best of the Best in Bergen County began with reader nominations in October and ended with a voting period for finalists in 80+ categories in December.  Daily…
CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…
NJ Man Charged In $44K Bad Check Scheme, Prosecutor Says NJ Man Charged In $44K Bad Check Scheme, Prosecutor Says
NJ Man Charged In $44K Bad Check Scheme, Prosecutor Says A 33-year-old Long Branch man previously accused in a $300,000 scam has been charged with stealing more than $44,000 from a local bank branch using a fraudulent check scheme, Monmouth County Prosecutor Raymond S. Santiago announced Wednesday, Feb. 26. Jacob Gindi is facing third-degree bad checks and third-degree theft by deception charges following an investigation by the Monmouth County Prosecutor’s Office (MCPO) Financial Crimes and Special Prosecutions Unit, Santiago said. The case began when Deal Police received a report in December 2024 of suspected fraudulent activity at a bank branc…
Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says Capital One Kept $2B In Savings Account Interest From Banking Customers, CFPB Suit Says
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, the agency said in a news release on Tuesday, Jan. 14. The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously, the bank introduced a nearly identical product, "360 …
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …
Bank Mysteriously Freezes Morris County College Student's Life Savings In Routine Bank Transfer Bank Mysteriously Freezes Morris County College Student's Life Savings In Routine Bank Transfer
Bank Mysteriously Freezes Morris County College Student's Life Savings In Routine Bank Transfer A 24-year-old Morris County man lost his job then his life savings during the pandemic. If not for ABC7's 7 On Your Side, Andrew Alexander of Morristown may not have ever seen the funds again, the media outlet reports. Alexander, 24, signed himself up for college courses after his employer closed due to COVID-19. In the meantime, he worked as a personal trainer. Hoping to get $700 as part of a Citibank promotion, Alexander opened a new account just before Christmas and transferred over $50,000 from his Chime account -- leaving the remaining $30,000 of his life savings with Chime. Th…
Glen Rock Businesswoman Gives Brokerage Firm Bank Info, Loses $5,400, Police Say Glen Rock Businesswoman Gives Brokerage Firm Bank Info, Loses $5,400, Police Say
Glen Rock Businesswoman Gives Brokerage Firm Bank Info, Loses $5,400, Police Say A Glen Rock entrepreneur lost $5,400 after she gave her bank account information to a brokerage firm, authorities said. The victim told police she applied for a business loan with two different brokerage firms, providing one of them with the username and password to her bank account, Police Chief Dean Ackermann said. Both lenders apparently deposited funds in her account that exceeded the loan amount, he said. “When she attempted to return the excess funds, she was notified by her bank that a fraudulent transaction had occurred,” the chief said. Borough detectives were investigating.
Cleaning Service Worker Stole $1,105 From 3 Glen Rock Homes, Possibly Others, Police Say Cleaning Service Worker Stole $1,105 From 3 Glen Rock Homes, Possibly Others, Police Say
Cleaning Service Worker Stole $1,105 From 3 Glen Rock Homes, Possibly Others, Police Say A cleaning service employee altered and cashed $1,105 worth of checks stolen from three different Glen Rock homes, said police who suspect similar thefts in other towns. Detective Lucas Doney identified and busted 39-year-old Monica Gonzalez of Hopatcong after the cleaning service owner told police that she “suspected one of her employees of stealing checks from clients’ homes,” Police Chief Dean Ackermann said Monday. Gonzalez – who didn’t maintain a consistent address -- took 10 checks in all from the three homes, the chief said. It’s believed she also stole from homes in other towns, he…