A Massive Bank Is Now Preventing Customers From Accessing Money

June 11, 2024

A massive bank is now preventing customers from accessing money as an outage is affecting users and their online banking services.

Over 1,000 Charles Schwab users are having trouble logging in to the website and app, according to Downdetector.

“Need to get your platform back up and running this morning.

These sudden outages in the middle of trading without warning are not acceptable,” one customer slammed the service on X, formerly known as Twitter.

“And there it is @CharlesSchwab login is disabled.

Here we go!! Looks like those crumbling assets on the books are starting to hit,” another complained.

“Due to a technical issue, some clients may have difficulty logging in to Schwab.com, our mobile app, and StreetSmart platforms,” the company shared on its website.

“We’re working to resolve the issue as quickly as possible.

We apologize for any inconvenience.”

The U.S. Sun reports that it has reached out to Charles Schwab for comment.

“It’s 11:20 am est and Schwab has been down since 9am this morning. All apps and websites have login issues. I cannot log into anything,” reported one user on DT.

“GME is on a hard upswing and all of a sudden Chuck Schlobb is letting people log in. Coincidence?,” reported another user.

Are you or someone you know experiencing an outage with your bank or broker firm?

Leave your thoughts below.

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Also Read: A Massive US Bank is Now Closing Credit Cards

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A banker is now convicted for stealing money from customers while working at Bank of America over a 10-year period.

The personal banker was arrested after her years-long scam, resulting in nearly $300,000 being stolen, came to light.

Police in Seneca, South Carolina said they received a report in 2013 about missing money from an account with Bank of America.

The victim, who also reported the incident to the Customer Service department, told police he was missing around $30,000.

Investigators worked with Bank of America for several weeks after the crime was reported and learned that an employee who had been stealing money from several people in Oconee County.

The police said the victims would use the Bank of America location in Seneca as their primary bank and Bobbi Cortese was their personal banker.

Seneca Police investigators and the US Secret Service spent nearly a decade doing more interviews.

Meanwhile, Bank of America was given time to complete an internal investigation.

It was revealed that Cortese had stolen nearly $300,000 from four people while working at the bank.

Some of the money was in the victims’ bank accounts for life insurance payouts related to the deaths of their spouses.

Others had a lifetime of earnings that was supposed to be used for their retirement, said police.

Cortese would open accounts under the victims’ names without their knowledge or consent and would perform a “shell game.”

This is when a scammer uses the money from one victim to replace what she stole from another victim.

After investigating further, police said Cortese forged several documents and issued them to the victims to hide the theft.

She committed these acts for about four years while working at the Bank of America, said police.

Cortese was arrested in May 2023 and charged with four counts of breach of trust and two counts of forgery.

She was later fired by the bank, reports The-Sun.

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Also Read: A Massive Bank Now Freezes Money From Direct Deposits

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