Financeflux

Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory Practice for More Than 10 Years: New Lawsuit

A new lawsuit accuses banking giant Wells Fargo of overcharging thousands… More…

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JPMorgan Chase Executive Steals $2,400,000 From Customers, Admits To Taking Cash from 74-Year Old Wheelchair-Bound Client

An ex-JPMorgan Chase executive has admitted to stealing $2.4 million… More…

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Bank Lets Customers Withdraw More Than Available Balance, Triggering $14,000,000 Exodus in Matter of Hours: Report

A state-owned bank is clawing back millions of dollars from customers… More…

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$236,000,000,000 in ‘Improper Payments’ Made by US Government in One Year, Exposing Material Weakness in Internal Controls: Report

The US government is botching hundreds of billions of dollars of payments… More…

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$1,800,000 Up for Grabs As US City Launches Guaranteed Income Program With ‘Unrestricted Cash Payments’

A new guaranteed income pilot project is gearing up for launch in Massachusetts.… More…

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282 US Banks Suffer ‘Toxic Combo’ That Could Trigger Collapse, With $900,000,000,000 in Total Assets at Stake: Report

A total of 282 US banks with $900 billion in total assets are suffering… More…

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Billion-Dollar Bank Abruptly Freezes Woman’s Account and Refuses To Return Funds, Forcing Her To Rely on Family and Friends for Survival: Report

An Atlanta woman says a popular US bank abruptly froze her account … More…

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$167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at ‘Borderline Insanity’

The CEO of a $60 billion hedge fund says Americans should be alarmed… More…

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‘Worrying’ Metric Shows Massive Inflation Spike Hammered US, Far Higher Than Reported: Former Treasury Secretary Larry Summers

Former U.S. Treasury Secretary Lawrence Summers says an old school… More…

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Wells Fargo Leaves Customer Hanging for Seven Months After $7,000 Drained From Account: Report

A Wells Fargo customer says the banking giant left her hanging for … More…

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