Check your bank account! scam alert!

[flatblackzj]

Last Saturday, I was checking out my bank statement online and found 2 transactions with businesses that I don't have accounts with(in this case T-Mobile and Dish Network, but neither actually received any money). What I found is that somehow my bank account number and routing number had been compromised. This type of transaction I found out is known as ACH fraud, it's usually a bogus transaction set up to what appears to be a well known company but instead goes to another third party who manipulates the bank routing of the transaction. If you ever find questionable transactions, contact your bank immediately! Mine was very easy to work with but it required all my old accounts be closed and new account numbers be opened-along with checks and debit cards.
After some internet reading and talking with the bank and sheriff's office, I learned this is a newer takeoff of the same type of bank fraud in the movie "Catch me if you can".... needless to say, I've been educated a whole bunch by this.

 

[ponykilr]

Which is why we keep no money in the bank until we pay bills once per month. All money in banks is just meaningless numbers on a screen. If you can't stand in front of it and defend it, it isn't really yours.

 

[Tom@Hilltop_Machine]

Plus the banks are paying jack for interest, so no need for them to have any more than whats needed to cover bills.