Jan-22-2019 01:23 PM
Oct-21-2019 06:42 AM
Oct-21-2019 06:32 AM
ScottG wrote:Bird Freak wrote:ScottG wrote:My bank told me a wire transfer can be stopped before the funds are put in my account but once the funds are posted in my account it cannot be reversed.rgatijnet1 wrote:
I would like to hear the details about how a legitimate wire transfer was reversed. That goes against what every bank manager in every bank has ever said.
Unfortunately, I can't give many details over the interweb but it was an instance of fraud and we found out just how it can be reversed. It was actually a day later that we found out the transfer was succesfully stopped in its tracks.
It's our understanding that the funds were indeed deposited into the thiefs acct but the bank was able to reverse it within a certain amount of time - maybe before the could take the money back out of that account. It may be that the conditions of the whole transaction were so questonable that the two banks worked together. I don't know how the mechanics actually worked.
Oct-21-2019 06:17 AM
HadEnough wrote:camperdave wrote:rgatijnet1 wrote:
Anything over $10,000 must be reported.
When I was buying, I was told that anything over $10k must be reported by the bank, so I went in over the course of several days and withdrew $9k each time. I dunno if that helps or makes me look even more suspicious lol. But no feds have shown up yet so...
Yikes. That's structuring. That IS a federal crime, where putting through a large deposit is not.
Oct-20-2019 03:12 PM
Jan-22-2019 07:42 PM
Bird Freak wrote:ScottG wrote:My bank told me a wire transfer can be stopped before the funds are put in my account but once the funds are posted in my account it cannot be reversed.rgatijnet1 wrote:
I would like to hear the details about how a legitimate wire transfer was reversed. That goes against what every bank manager in every bank has ever said.
Unfortunately, I can't give many details over the interweb but it was an instance of fraud and we found out just how it can be reversed. It was actually a day later that we found out the transfer was succesfully stopped in its tracks.
Jan-22-2019 06:24 PM
Jan-22-2019 06:08 PM
ScottG wrote:My bank told me a wire transfer can be stopped before the funds are put in my account but once the funds are posted in my account it cannot be reversed.rgatijnet1 wrote:
I would like to hear the details about how a legitimate wire transfer was reversed. That goes against what every bank manager in every bank has ever said.
Unfortunately, I can't give many details over the interweb but it was an instance of fraud and we found out just how it can be reversed. It was actually a day later that we found out the transfer was succesfully stopped in its tracks.
Jan-22-2019 05:57 PM
Jan-22-2019 05:43 PM
Jan-22-2019 04:33 PM
rgatijnet1 wrote:
I would like to hear the details about how a legitimate wire transfer was reversed. That goes against what every bank manager in every bank has ever said.
Jan-22-2019 04:28 PM
Jan-22-2019 04:03 PM
camperdave wrote:rgatijnet1 wrote:
Anything over $10,000 must be reported.
When I was buying, I was told that anything over $10k must be reported by the bank, so I went in over the course of several days and withdrew $9k each time. I dunno if that helps or makes me look even more suspicious lol. But no feds have shown up yet so...
Jan-22-2019 03:14 PM
camperdave wrote:rgatijnet1 wrote:
Anything over $10,000 must be reported.
When I was buying, I was told that anything over $10k must be reported by the bank, so I went in over the course of several days and withdrew $9k each time. I dunno if that helps or makes me look even more suspicious lol. But no feds have shown up yet so...
Jan-22-2019 02:51 PM
rgatijnet1 wrote:
Anything over $10,000 must be reported.