The Notorious Banker

We talk about something that is not really a bank issue. Equifax fired a lot of employees who were found to have second jobs. Apparently, they used their own patented software to spy on their own employees. I talk about how moonlighting is becoming more common and how I had a couple coworkers who did stuff like this at a smaller scale, but only getting written up, not fired.

Plus, we talk about Wells Fargo keeping up with the Joneses, and introducing their BofA "Erica" rip-off "Fargo".

NB Has recovered over $3.7 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

Yes, We talk about the Kanye/Chase thing... Reluctantly.

Plus, I talk about how some recent high profile criminal acts just outside of bank branches in California may actually cause more people to be unbanked as a result of it. In the last couple of days, we had a person try to blow up a Bank of America ATM in Palmdale, CA, and there was a shooting of an armored car employee at another BofA in the Carson, CA. The scary thing? Unrelated crimes that have a solid bond: How changing bank procedures and pushes caused this indirectly! I explain why.

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

I discuss a man in North Carolina who fell victim to a "Bill Pay" scam that is different than the normal Zelle fraud we are used to seeing at BofA. Bank of America true to form denied the man's claim until a local news organization ran a story to ask the bank why they denied him, and boom, like clockwork, BofA caved like the dogs they are and refunded the man his money.

I explain the scam, and I explain in detail what this news story brought to the forefront.

Link Here

Plus, I discuss more and more about my Zelle book coming soon!

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

In this podcast I discuss an offer I found through US Bank where the bank is offering select clients $5, yes FIVE WHOLE DOLLARS to use Zelle 2x. What I see as a lacking gesture is also a way to fudge the numbers of "alternative ways to bank" to justify limiting staff and branches going forward. Giving clients a small pittance in order for you to save millions over the years sounds like a bet US Bank wants to take. 

I discuss how even people on the Right side of the aisle should heed the calls from their financial experts on the radio that Zelle is bad news so we can all band together and fight back against Zelle.  Hey, at least that $5 will offset the $3,000 you lose through ZELLE Fraud lol

Link to deal here

Plus, I try to compromise with Zelle. I think you all know by now that I am writing a book on this topic, and frankly, there are a lot of things that I see that no one else is seeing. While I want it to go away permanently, I know that may not be practical, so I discuss in the second segment a compromise that will allow Zelle to operate, protect at-risk clients, and still make it instant for them to send family money while protecting them and the banks as a whole. Yes, I tried hard to reason... Hear me out on the segment

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

One topic today:

SENATE BANKING HEARING (3 HOURS LONG)

House BANKING HEARING (7 HOURS LONG)

Bank CEOs were on Capitol Hill for 2 days this week talking to the House and Senate Banking Oversight Committees.

There were a wide range of topics from Climate to Inflation to Gas Station ATMs.

I curated a few clips about Zelle, fees, Bitcoin, Questionable Ethical Job Hirings, and some of the funnier moments.

There most certainly will be a second part to this podcast, but this one breaks down what I spent 12 hours watching!!!

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

Hello Everyone.

 First off, we briefly discuss Kanye West's statement on CNBC yesterday where he said he is leaving Chase for Bank of America because CEO of Chase Jamie Dimon didn't call him when he made a $140 Million Deposit

Then we get into a very deep story. Bank of America will offer "sabbaticals" of up to 6 weeks to longtime employees to combat burnout. While it sounds good on the surface, I can tell you this is a horrible idea. Sales goals don't prorate, so some of the most stressed out people in retail will have MORE stress when taking leave to COMBAT STRESS. WTF?

I talk about my own struggles with mental health while at BofA.

Check out the article on Bloomberg by Katherine Doherty

Then a weird story. CNN Reports a woman in her 70s was suing Fifth Third Bank for refusing to Negotiate a check she got for hitting a slot jackpot. In the article, the author uses "cash" and "deposit" very loosely, so it is really confusing and doesn't allow for more context, but the lawsuit alleges discrimination based on race. The check in question was for $12,000. 

While I think race could have played a factor in this, I think this is more lazy-ass bankers not wanting to do more research to properly help a client more than anything. A simple call to verify would have helped immensely, or even a conversation stating the check would need a couple days to clear, not refusing it outright for fraud and refusing to give it back. I explain in the final segment.

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

27,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

Long week talking about the new Bank of America Home Loan Program, Which we will also do here! (Ugh)

First off, 

 Interesting article in Rolling Stone and Reporter EJ Dickson, who profiled a lot of Adult Film actresses who had their bank accounts closed out by Wells Fargo. I have done podcasts many times referring to the "business decisions" that banks make when they no longer want to do business with you, and here it is no exception.

 I am going to be honest with you. This is a frank conversation about adult content, my preferences, and the reasons why banks will see things as a "risk" and basically blame content creators for the horny, cloudy decisions of idiot guys. 

 I get into what limitations it has for these people in the adult industry and basically how it can lead to millions of content creators being banished from banking simply based on the taste preferences of the risk department. 

 Had the opportunity to briefly talk to adult content creator and activist Alana Evans on Twitter about this, which I also discuss.

Plus

Here I go again. I talk about the Bank of America No Down Payment, No Closing Costs mortgages, and how in my opinion it is technically a program to fast-track people who are more well-off to get into home loans a little easier, with a $10k Down Payment grant from BofA. The reason I came to this conclusion was the crazy income cap in Dallas. $131,000 for a city where the median home value is $350k conservatively. To me, someone making that amount of money likely doesn't need a special program, but BofA is using a little known FDIC Special program to push this broken product to preferred clients, all in the guise of helping communities and people of color. I break down in granular detail what I mean.

Plus, I reference a CNBC Story that makes it sound like it's only for minorities, which set off a lot of people, only to say the total opposite thing within the story. It's really confusing. 

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

29,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

Bank of America blew me away today with the stupidest thing I ever saw.

Bank of America announced a plan to help Black and Hispanic people get into home loans in 5 markets, where frankly, the median home prices are insane. The markets are Charlotte, Los Angeles, Dallas, Miami and Detroit. Bank of America is promising no minimum credit score, no mortgage insurance, and validation of eligibility can be an on-time phone bill and car insurance premium. 

NEWS RELEASE HERE

However, they mention income and location will determine eligibility, which to me sounds like people will be stuck in neighborhoods they want to get out of. I also discuss how BofA is doing this now while interest rates are 2-3% higher than they have been with the possibility of going even HIGHER in the next few months. I also talk about the cost of these locations and unless you are making more than BofA's minimum wage, you probably couldn't afford a home with a median price in these markets.

I then talk about the false promises this bank is doing to communities of color, especially what's going on here. It's a crazy story.

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

27,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

https://abc7news.com/bank-of-america-bofa-denies-edd-claim-fraud-debit-card-denial/12154468/

Hey, guess what? Another EDD Fraud case where Bank of America denied a client. Man had $15k stolen from his account with crooks using the old school transfers page to send $15k total over 3 accounts. Bank of America denied Alfredo Mancilla 3 times. He then called Michael Finney, who we have talked about many times on the pod, and within hours, he got Alfredo's money back, because BofA are a bunch of.... you know.

I talk about how BofA saw this as a vanity project and it led to them wanting to leave EDD altogether!

Then I talk about my 4 years anniversary of being fired from Bank of America with a little rant about where I am going with my project. I am so excited for the future! :)

NB Has recovered over $3.4 Million from big banks back to consumers, with nearly $700k of it being Zelle fraud!

27,000+ Followers on TikTok, Twitter and Instagram

Buy My Book "High-Risk Transaction"

Find all my social media and other links at:

TheNotoriousBanker.com (Links to YouTube, my book's page, podcast links, and how to contribute by Venmo/Cashapp and much more!!!)

MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker

Hello Everyone!

In this podcast, I discuss a tweet from PGA Star Brian Gay who tweeted that his daughter was a victim of Zelle Fraud while at Bank of America with BofA doing nothing to help her. I discuss the misconceptions of FDIC insurance "protecting" you, how and why BofA should help solely off the success of Brian's golf career and discuss what we always do: How Zelle is the worst thing out there.

Plus, I discuss my old BofA branch in Las Cruces NM having their lobby closed for the week last week, which was the first week of the month. I describe how all the fixed income people who needed their cash for the bills were unable to be helped. While a drive up lane was open to clients, BofA also removed 3 lanes of Drive Up a couple years ago, and on a busy 1st or 3rd of the month, about a 1000 people a day show up. They couldn't have helped more than 100 per day that week

I discuss the weak leadership in that market!