Explain the feed in one glance.
A surge in reports about various types of financial scams, from impersonation calls targeting Canadians to sophisticated PayPal phishing attempts, is fueling a widespread conversation on the platform. This trend is amplified by users sharing past experiences of institutional mishandling of fraud claims, like Bank of America's lengthy freeze on unemployment benefits, which highlights a deep-seated distrust and concern for financial security. People are rallying around the shared vulnerability to deceptive practices and demanding better protection and accountability.
They helped me with Bank of America 4 years ago. B of A withheld unemployment benefits for millions in CA under the guise of fraud of extra pandemic cash. They froze all accounts without warning until they figured out the 'who.' It was their own employees. This went on 16 mos until CFPB stepped in.