An elderly Wells Fargo customer suffering from multiple health problems says he has lost hundreds of thousands of dollars after falling victim to bank fraud.
Ninety-year-old Irving Rosenberg says he lost $814,000 to scammers who forged his signature on checks to drain his savings account. reports ABC7 Los Angeles.
[adinserter block=”1″]
But Rosenberg says he never wrote a single check and never allowed anyone to withdraw money from his Wells Fargo account.
“I was angry and frustrated. It took all my savings… I got hurt.”
When he asked Wells Fargo for help, the bank said they would investigate his concerns.
“They investigated… an investigation can take forever. That’s what they told me.”
Rosenberg says he eventually received a letter from Wells Fargo denying his fraud claim because the 60-day reporting period had expired before he notified the bank.
David Satin, Rosenberg’s cousin, says copies of the checks clearly show the signatures were forged.
“If you look at all the checks that have been written, none of them come close to his signature, not even close.”
Satin also says he has spoken with Wells Fargo to dispute the denied fraud claim, saying the 90-year-old is incapable of managing his own affairs.
“I went back to them and said, ‘Wait a minute. He’s 90. He has a little bit of dementia. He can’t hear. He can barely walk. He has skin cancer. He doesn’t notice these things, and you guys have no help for him at all.’
Following Wells Fargo’s denial, ABC7 contacted the bank to learn more about Rosenberg’s claim. In an email to ABC7, Wells Fargo changed course and said this will make Rosenberg whole.
“After working with our client and their designated power of attorney and reviewing additional information, we are pleased to announce that we are returning Mr. Rosenberg’s funds to his account.
Fraud prevention remains a top priority and we encourage all customers to review their statements monthly and report anything suspicious immediately so we can act quickly to protect them.”
Follow us further X, Facebook And Telegram
Don’t miss a beat – Subscribe to receive email alerts straight to your inbox
Check price action
Surf to the Daily Hodl mix
Generated image: Midjourney
Credit : dailyhodl.com
