Gabriel Mizrahi

All right, what's next? Dear Jordan and Gabe, two good friends of mine worked for me for 20 years in my home improvement business. Last year, they purchased the business from me and we're still good friends. I continue to come in for a few hours on Mondays to help them out and maintain the friendships.

I think you just did it perfectly. It was nice. Well played. So he goes on. They decided later that year to change their business banking from Wells Fargo to Bank of America. Soon after, they had fraud on the new account. The first two frauds were people cashing checks that looked like theirs but weren't.

I think you just did it perfectly. It was nice. Well played. So he goes on. They decided later that year to change their business banking from Wells Fargo to Bank of America. Soon after, they had fraud on the new account. The first two frauds were people cashing checks that looked like theirs but weren't.

I think you just did it perfectly. It was nice. Well played. So he goes on. They decided later that year to change their business banking from Wells Fargo to Bank of America. Soon after, they had fraud on the new account. The first two frauds were people cashing checks that looked like theirs but weren't.

The bank reimbursed them for the fraudulent checks, and they opened a new checking account at Bank of America. Then an unauthorized ACH debit was made from their account for $30,000. Their office manager was on vacation, and the missing money wasn't noticed until a week later.

The bank reimbursed them for the fraudulent checks, and they opened a new checking account at Bank of America. Then an unauthorized ACH debit was made from their account for $30,000. Their office manager was on vacation, and the missing money wasn't noticed until a week later.

The bank reimbursed them for the fraudulent checks, and they opened a new checking account at Bank of America. Then an unauthorized ACH debit was made from their account for $30,000. Their office manager was on vacation, and the missing money wasn't noticed until a week later.

We believe the ACH debit was a scammer who tricked the bank representative or the B of A system, but we're just guessing as the bank hasn't provided details. The fraud has nothing to do with any action from the business. No phone calls, no texts, no emails were made to allow this transaction, and none were made to the owners to validate it. The owners notified B of A as soon as they saw the fraud.

We believe the ACH debit was a scammer who tricked the bank representative or the B of A system, but we're just guessing as the bank hasn't provided details. The fraud has nothing to do with any action from the business. No phone calls, no texts, no emails were made to allow this transaction, and none were made to the owners to validate it. The owners notified B of A as soon as they saw the fraud.

We believe the ACH debit was a scammer who tricked the bank representative or the B of A system, but we're just guessing as the bank hasn't provided details. The fraud has nothing to do with any action from the business. No phone calls, no texts, no emails were made to allow this transaction, and none were made to the owners to validate it. The owners notified B of A as soon as they saw the fraud.

The bank said that they would get back to them within 60 days. But two months later, they were denied reimbursement because they didn't report the stolen funds within 24 hours of them going missing. Ridiculous. Which apparently is the policy for business bank accounts. Whereas for regular bank accounts, you have 60 days. That's infuriating.

The bank said that they would get back to them within 60 days. But two months later, they were denied reimbursement because they didn't report the stolen funds within 24 hours of them going missing. Ridiculous. Which apparently is the policy for business bank accounts. Whereas for regular bank accounts, you have 60 days. That's infuriating.

The bank said that they would get back to them within 60 days. But two months later, they were denied reimbursement because they didn't report the stolen funds within 24 hours of them going missing. Ridiculous. Which apparently is the policy for business bank accounts. Whereas for regular bank accounts, you have 60 days. That's infuriating.

This means that if a bank is a victim of a fraud on a client's account unrelated to any action of the account holders, if the account holders are not checking their account more frequently than every 24 hours, even on weekends and holidays, their money is at risk because the bank does not need to reimburse or assume any responsibility. This is totally insane.

This means that if a bank is a victim of a fraud on a client's account unrelated to any action of the account holders, if the account holders are not checking their account more frequently than every 24 hours, even on weekends and holidays, their money is at risk because the bank does not need to reimburse or assume any responsibility. This is totally insane.

This means that if a bank is a victim of a fraud on a client's account unrelated to any action of the account holders, if the account holders are not checking their account more frequently than every 24 hours, even on weekends and holidays, their money is at risk because the bank does not need to reimburse or assume any responsibility. This is totally insane.

Wow, two weeks in a row.

Wow, two weeks in a row.

Wow, two weeks in a row.

I would just call B of A and just play that clip on repeat until they give in. I'm sure that'll work. Sounds effective. I think if most business owners knew about this, they wouldn't keep any extra money stored in a business bank account other than what's needed for day-to-day operations.