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Report: #434671

Complaint Review: Bank Of America - Abington Massachusetts

  • Submitted:
  • Updated:
  • Reported By: rockland Massachusetts
  • Author Confirmed What's this?
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  • Bank Of America Abington, Massachusetts U.S.A.

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Can someone with some knowledge of the law explain to me how Bank of America can refuse to cash a paycheck drawn on them unless you pay them $6? It is your money right? They do this to coerce you into opening up an account with them. How is this different from extortion? They also refused to give me a receit for the $6. Is it legal to refuse to give someone a receit for a purchase or so called service? I was thinking they refused to give me a receit because they know what they are doing is absolutely illegal. I know that this is so very minor compared to how they steal money every day from thousands and thousands of people but think about how large of a company they are, $6 from every one that cashes a "BANK OF AMERICA" check there. How much money is stolen from the American public every day? 1 million dollars,2 million, from just one of many of their illegal scams? It's a shame our politicians and lawmakers do nothing to protect us from this.

Gene
rockland, Massachusetts
U.S.A.

This report was posted on Ripoff Report on 03/16/2009 09:56 AM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america/abington-massachusetts/bank-of-america-illegal-practices-abington-massachusetts-434671. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#5 Consumer Comment

Worldwide Alert: HARVARD PROFESSOR POEM was.......

AUTHOR: Karl - (U.S.A.)

POSTED: Tuesday, March 17, 2009

just posted in the 'Updates' section under Susan's Ripoff Report here at the 'Bank Of America' page.

Make sure to read this Ripoff Report, & all the others. Please enjoy all the poems under Susan's Report, & e-mail these Reports to all News stations in the USA, & around the WORLD! E-mail them to the BBC Worldwide News, & any others you can think of, especially all the PBS News stations.

Thank you.

GOOD LUCK TO EVERYONE!

More poems coming!

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#4 Consumer Comment

What was illegal?

AUTHOR: Edgeman - (U.S.A.)

POSTED: Monday, March 16, 2009

The thread title mentions illegal practices but the report describes something that is not only legal but common.

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#3 Consumer Comment

Confused.

AUTHOR: John - (U.S.A.)

POSTED: Monday, March 16, 2009

What exactly are these 'illegal practices'?

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#2 Consumer Comment

It's Legal If You're Not A Customer With An Account At BofA

AUTHOR: Jim - (U.S.A.)

POSTED: Monday, March 16, 2009

In fact, I would invite you to go to any bank out there and try to cash your paycheck. It will cost you anywhere from $3-$6 for the service. It doesn't matter if the check you're trying to cash is from Bank of America; it isn't their check - it's your employer's check. The bank just administers the account. The receipt issue is a different matter, but you're generally not going to get a receipt for something like that. It's basically a convenience fee they're charging you as a non-account holder and they treat it as a reduction of cash disbursed to you.

They're not giving you a receipt because it's "illegal". You can choose to get an account at another bank (or BofA) and take your paycheck there, or pay $6. It's your decision.

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#1 Consumer Comment

Gene, I believe that Bank of America is COLLAPSING because......

AUTHOR: Karl - (U.S.A.)

POSTED: Monday, March 16, 2009

they bought, or were FORCED to buy, Countrywide last year, correct? They also purchased Merrill Lynch, didn't they? And Merrill Lynch was having money problems, & had to BORROW $7.4 BILLION from Abu Dhabi last year, right?

So, BOA is soon to be DOA, wouldn't you agree? That's WHY the government, along with the FED, who CONTROLS THE GOVERNMENT, in my opinion, is injecting BILLIONS upon BILLIONS upon BILLIONS.............................upon BILLIONS of dollars into these FAILING, & COLLAPSING, corporations, wouldn't you NOW agree?

Look at this- Countrywide, Bear Stearns, Merrill Lynch, Freddie Mac & Fannie Mae, Lehman, A.I.G., General Motors, Chrysler.............ALL COLLAPSING, right? These aren't 'ma' & 'pa' stores, are they? They're HUGE corporations, correct?

WHY are they all COLLAPSING?

Here's part of the reason why- A.R.M.'s (Adjustable Rate Mortgages), & 'Interest Only Loans', to PEOPLE who were TRICKED, and DECEIVED, & LIED TO, by our corporations & the ones who work at these corporations that 'PREY-UPON' the INNOCENT POEOPLE of the USA, & the WORLD!!! Loans for HOUSES have DESTROYED this country!!!

The other reason we're COLLAPSING is this- FRAUD, CORRUPTION, DECEPTION, MANIPULATION, GREED, LIES, & the CONSTANT PURSUIT TO FINANCIALLY INJURE, & FINANCIALLY DESTROY, THE HONEST PEOPLE ON THIS PLANET!

WELCOME TO THE MOST FRAUDULENT COUNTRY ON EARTH- the USA!

And don't forget, these banks all received 'TARP' money too- BOA, Citigroup, Golman Sachs, & others, didn't they?

Make sure to 'Google' this- FIVE FORMER INSURANCE EXECS FOUND GUILTY OF FRAUD, and read LAST YEAR'S Article from 'USA Today' on 2-25-2008.

GUESS WHAT? A.I.G. received over $150 BILLION dollars of TAXPAYER'S money, didn't they? And their EXECUTIVES just got $165 MILLION in bonuses, as Reported yesterday! READ THAT ARTICLE & SEE WHAT IT SAYS!!!!!!!!

The USA's ECONOMY, & the stock market, is ONE GIANT PONZI SCHEME, in my opinion.

Get ready for- 'The Great Depression of 2009'

It should hit by November of this year, in my opinion.


Thank you.

I'm Karl, and I approve this Update!


Don't forget to 'Google' this- AMERICA: FREEDOM TO FASCISM, and watch that documentary on the web!

POWER TO THE PEOPLE

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