Kevin McCarthy Threatens Impeachment Inquiry Over Biden Bank Statements

WASHINGTON — House Speaker Kevin McCarthy (R-Calif.) said Tuesday that Republicans would open an impeachment inquiry against President Joe Biden next month if he doesn’t hand over personal records. McCarthy said Republicans need “the bank statements, the credit card statements” that would show whether Biden had taken a bribe. “Show us where the money went.… Continue reading Kevin McCarthy Threatens Impeachment Inquiry Over Biden Bank Statements

Bank of England core system experiences six-hour outage

The  Bank of England’s core IT system, which settles £775bn worth of UK payments a day, experienced a major outage due to a “technical issue”. The Real-Time Gross Settlement (RTGS) system, which settles payments between banks, was offline from the beginning of business on August 14 until after 16:00. RTGS settles payments made between… Continue reading Bank of England core system experiences six-hour outage

Walmart-linked Green Dot Bank, Go2Bank customers say they can’t access their money

Customers of a bank linked to Walmart are reporting they are still blocked from accessing their funds, leaving them in desperate financial straits. Green Dot banking group customers say they have gone days, and in some cases weeks, with holds on their accounts. Green Dot also operates under the name Go2Bank and furnishes deposit and… Continue reading Walmart-linked Green Dot Bank, Go2Bank customers say they can’t access their money

Phony bank accounts resurface at Wells Fargo, with a twist

As a longtime forensic accountant who helps consumer lawyers investigate big financial institutions, Jay Patterson has made a point to do business with a smallish local bank in his hometown of Little Rock, Arkansas. So he was startled in June 2022 when he received a bank statement from Wells Fargo showing $12 in an “Everyday… Continue reading Phony bank accounts resurface at Wells Fargo, with a twist