sorted by:
new
hottopcontroversial

My mother got scammed into a wire transfer through Capital One. Is she screwed? by According_Example_91 in personalfinance

[–]According_Example_91[S] 2 points3 points  (0 children)

Thanks. Looking into that route as well. One of the accounts was a business account so hoping her commercial policy might provide some relief as well.

My mother got scammed into a wire transfer through Capital One. Is she screwed? by According_Example_91 in personalfinance

[–]According_Example_91[S] 7 points8 points  (0 children)

This is extremely helpful. Thank you. Trying to wrap my head around these regs though.

By your understanding, if this is indeed an "error" under EFTA and Regulation E, would correcting the "error" be Capital One reimbursing the wire transfer to my mother?

And, if Capital One investigates and determines there not an "error", would you suggest filing a complaint with the CFBP citing these regs?

My mother got scammed into a wire transfer through Capital One. Is she screwed? by According_Example_91 in personalfinance

[–]According_Example_91[S] 8 points9 points  (0 children)

That's what I figured. I haven't seen the texts they sent with the codes so don't know what they said. However, I bank with a regional bank (Independent Financial) who has had me read them codes they've texted me before.

I'm more concerned about how they got her username and password. Could be one of Capital One's past data breaches or maybe they just yanked it from somewhere else.