Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

How One Small Business Survived Wire Fraud

Wednesday, June 27, 2012 - 1:42 PM
From the OPEN Forum
A California escrow firm has won a $600,000 settlement over wire fraud—a victory that nonetheless highlights how tough it is for small businesses to take banks to court in these kinds of cases.

Read more

This business was fortunate to win this settlement. As described by Clark Howard, bank regulations provide businesses much fewer protections than consumers.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708