BofA Makes Zelle More Efficient for Scammers + Chase CEO Says Bitcoin is "Worthless" + My New Book
The Notorious Banker
English - October 20, 2021 18:01 - 1 hour - 64.9 MB - ★★★★★ - 54 ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Bank of America sent out an email touting Zelle, after weeks of bad publicity about it and how it is used to scam people. I refer to it as a "Nigerian Prince Scam built into an app" The email, which talks about easily identifying people who use Zelle in your phone book doesn't account for how crooks phish for information in order to complete these scams! Anyone can plug in any number, see if they use Zelle and strategize how to steal accordingly. I give a logical scenario how a scam would work.
Plus, I talk about JPMorgan Chase CEO Jamie Dimon's comments on Bitcoin being "worthless". While I don't agree with that part of it, he makes some very salient points about how his clients are adults, and also how BTC may be regulated in the future, and likely won't be a good thing for people who are big believers in BTC.
Plus, I talk about my Unemployment plight here in NM, and announce my new book, "Your Call is Very Important To Us" and discuss why I am freaking out at the moment.
TNB Has recovered nearly $2 Million from big banks back to consumers, and about $500k of it was Zelle fraud!
MY PATREON Page! For as little as $1, you can help James in his fight against big banks. http://patreon.com/NotoriousBanker
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