Bank of America closed all my accounts. What to do now? *UPDATED 03/01/08*

ronald0211 said: can you post the recording to that call? You can screen out her/his name... dont want that person to be in trouble now...

No.

bofafuctme should setup a public website and try to reach the person at the risk dept.
It will be pretty interesting once that person finds out he becomes a public enemy of fatwalleter.

I just started reading this thread. Best of luck to you OP, I hope you get your money back, and then some. I for one, will NEVER put any money into Bank of America because of this issue.

I finally got my money back as well, about 45 days after they closed my accounts.

I'm glad to see others are keeping their money out of BofA just from reading this thread. It's ridiculous how they treat established customers.

i know from experience just how out of line BOA can get. based on my own experience plus this thread, i am moving my money market assets (which is the bulk of my deposit $) out of BOA. good luck op.

I have a feeling your name was flagged by Homeland Security and your bank accounts were frozen. Long story short, assuming you haven't broken any laws, get a good lawyer and don't do business with BoA.

One of my buddies at work is talking about a potential deal brokering 2,000 laptops for a foreign former XXXXXX for use in a foreign XXXXXXXXX call center arrangement. The sale would involve over $1 million and would be wire transferred over to his personal bank account. He would get a keep a percentage of the sale, as the same laptops in that country would cost up to 6 times more.

After reading your post, I warned him against working with large amounts of money without proper paperwork. Anytime you have large amounts of money wired or deposited into your account, it seems the IRS, FBI, and Homeland Security are flagged. And this is especially true since you have a foreign name, which my friend does.

It also doesn't help that he's working with foreign XXXXXXXX individuals and their XXXXXXXXXX!

NOTE: SORRY, had to XXXXXX out certain words after I realize certain people are monitoring this post.

My family used to be BofA customers, until few years ago - when my dad wanted to close his account in California while he was at local branch in Arizona (the account in California was for my brother - he was no longer there). He was told he could not do that, unless he went in person to that branch in California - but he could withdraw until the minimum balance (I believe about $ 500). He wrote formal inquiry (with notary stamp) to close the account - but his request was again rejected. Due to no activity, they started charging fees. He could care less, but he never put anything in BOFA again in his life due to this complication. He used to have more than $ 150,000 with them under several accounts, but no more.

theficus said: My lawsuit has been filed and Bank of America has been served. The trial date is set for February 8, 2008. I'll update the thread when something new happens.

Good luck! Keep us posted.

jephboy said: I have a feeling your name was flagged by Homeland Security and your bank accounts were frozen. Long story short, assuming you haven't broken any laws, get a good lawyer and don't do business with BoA.

One of my buddies at work is talking about a potential deal brokering 2,000 laptops for a foreign former XXXXXX for use in a foreign XXXXXXXXX call center arrangement. The sale would involve over $1 million and would be wire transferred over to his personal bank account. He would get a keep a percentage of the sale, as the same laptops in that country would cost up to 6 times more.

After reading your post, I warned him against working with large amounts of money without proper paperwork. Anytime you have large amounts of money wired or deposited into your account, it seems the IRS, FBI, and Homeland Security are flagged. And this is especially true since you have a foreign name, which my friend does.

It also doesn't help that he's working with foreign XXXXXXXX individuals and their XXXXXXXXXX!

NOTE: SORRY, had to XXXXXX out certain words after I realize certain people are monitoring this post.

The xxxx 'ed out words would'nt happen to be.

1. Nigerian Prince
2. wealth
3. Royalty

This smells like a scam. I would tell your "friend" to be careful.

naas said: What are you suing for? Just your own money back, or damages too?

It's not in the OP's best interest to post too much info about his pending suit, but I do hope that after everything is said and done, that he comes back to post an update with all the details.

I'm suing for actual damages. Bank of America has been served but has yet to respond. Although I'm fully prepared to go to trial, I'm hoping for a reasonable settlement.

theficus said: My lawsuit has been filed and Bank of America has been served. The trial date is set for February 8, 2008. I'll update the thread when something new happens.Wow you got a trial date in 30 days... this has to be small claims, right? Be prepared for an idiot commissioner [READ: NOT JUDGE] to not understand what you are suing about and throw out the case because he's a stupid piece of shit.

gatzdon said: naas said: What are you suing for? Just your own money back, or damages too?

It's not in the OP's best interest to post too much info about his pending suit, but I do hope that after everything is said and done, that he comes back to post an update with all the details.

he posted most of the crucial details:
"On 11/26/07, I finally received my money! As I was expecting, Bank of America deducted the nearly $1,000 in fees from my cashiers checks. The biggest part of my problem has been resolved, so now it's on to recovering my costs and repairing my good name"

//////////////////////////////////////.

BofA would be stupid to try to hang onto these fees, if they havent returned them already from his other complaints to other organizations. This issue might just make the major news media if BofA doesnt come to a confidential settlement with OP.

ArbolLoco said: theficus said: My lawsuit has been filed and Bank of America has been served. The trial date is set for February 8, 2008. I'll update the thread when something new happens.Wow you got a trial date in 30 days... this has to be small claims, right? Be prepared for an idiot commissioner [READ: NOT JUDGE] to not understand what you are suing about and throw out the case because he's a stupid piece of shit.Well, of course its small claims. There hasn't been any time to answer, move to dismiss or conduct discovery. In other words, its small claims.

...

DeGlass said: Put "Confidential - Not to be Discussed in Court" in the headers of your responses.If the OP is posting in a public forum (FWF) does the disclaimer you suggest ("Confidential - Not to be Discussed in Court") offer any protection at all?

I can't believe you aren't suing for intention infliction of emotional distress... seems like a slam dunk to me.

If this happened to me I'm thinking it would take at least a year of full service pampering at some tropical resort to get over the panic attacks I'd be suffering every time I saw the word 'Bank' or 'America' in a sign... but then again thats just me

I'm sure Oprah or some other TV talk host would pay you to come visit and share your story with the whole afternoon TV watching world... write up the story and fax it out to them ASAP.

theficus: can you share anything about your legal action against the bank, i.e. the February 8, 2008 trial? Here's hoping things turned out better than this haiku:

The trial took place
On a rainy, blustery day
Theficus argued his case
Before an attentive judge

But the bank's lawyer
Was surprisingly well prepared,
The judge reviewed the pleadings
and patiently evaluated the evidence

The judge didn't like
What happened to theficus
The judge wanted to grant him relief
But faced the stark cold facts of the law

So the judge glanced at his papers,
and rubbed his fingers across his forehead
And chewed out the bank's lawyer
But denied theficus' prayer for relief

Further your affiant sayeth naught.

Did you try to get on one of the televised small claims courts - Judge Judy/Peoples court/Joe Brown/... Given the long thread - it will likely be selected due to higher expected viewer ship.

No way any corporation would agree to take their case on a tv court show. Also, I don't recall any party represented by counsel on any of those shows- BOA will be represented for sure.

OP: have you contact any of your local news media about this case? Perhaps a reporter or two from the local newspaper or TV station might find interest in your story, particularly due to extensive discussion in this message thread.

If you managed to get the right news media to cover this story, I suspect BOA's senior management might realize they have unintentionally bought a huge amount of adverse publicity - way more than they had bargained for.

Due to the source of the money I doubt tv news stations would be interested. To the average non-FW Joe, AOR money does have a least the appearance of fraud. Of course this has huge interest here because we know it's not and don't want this to happen to us during our AORs.

Ohmygod, I hope THEY haven't got to him! "theficus! theficus!"

Hoping for a good outcome.

eirek1234 said: Bump one last time for any updates

Well if so, at least come and say you can't talk. Gag orders don't prohibit that.