An Unexpected Bank Is Now Allegedly Freezing Accounts

May 30, 2024

An unexpected bank is now allegedly freezing accounts after a customer advised sources they were barred without warning.

A longtime Barclays Bank customer has claimed that their bank account was frozen and closed without warning.

They worked with the financial institution for nearly four decades before the shutdown, and were allegedly told to head elsewhere with their business, reports The-Sun.

“So Barclays shut my garage business account without warning back in March after 38 years,” the customer fumed in a post on Facebook.

“When I complained, they said open an account with another bank so I did.”

Thinking the situation was over with, the small business owner moved on.

However, earlier this month, they got an unexpected letter in the mail from Barclays Bank.

The customer asked if the bank was having “second thoughts” about the account closure, and included an image of the document in their post.

“We have received a request to switch your Barclays account,” it read.

The letter offered a reference number and confirmed the bank the customer was switching to after the closure.

They wondered if the bank now gave them the notice as a way to entice them to come back, but others agreed that it was merely Barclays confirming the customer’s exit.

“I think they are just saying goodbye,” someone commented.

“Standard reply,” another echoed.

“Just standard practice with the current account switch,” a third added.

It’s unclear exactly why the customer’s Barclays account would’ve been closed so suddenly.

Has your bank account ever been frozen and closed?

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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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