Man Finds Extra $2.45 Billion in His Bank Account. Bank Doesn't Follow "Monopoly" Rules, Takes Away Money.

Cute little story in the news last week.

At least, people at BofA want you to think it's cute.

Bank of America Customer Opens Mobile App and Finds an Extra $2.45 Billion

Man named Blaise Aguirre wakes up to find an extra $2,450,000,000.00 in his Bank of America app. It's a similar story to the issue where millions of BofA customers were showing a $0 Balance in their accounts a few weeks ago, leading to widespread anger!

This podcast discusses one thing: I believe this story was overblown and fabricated by Bank of America themselves to be the antithesis of "Where's all my money?" that was going on a few weeks ago, to create more fun chatter about their bank and distracts a bit from the fact that I think BofA has the worst online banking experience out there, despite "bEiNg a TeCh cOmPaNy".



I think having a story like this stirs up conversation, most of it lighthearted, when you wake up and you are one of the "richest" people in the world, at least on a phone screen. People will want to talk about how to spend money, and what they would do if given the opportunity to do so.



I also discuss the motive of why BofA would want to make a big deal out of it, the fact that the customer mentioned that he mentioned it to a personal banker/relationship manager (my old job), and how that leak to the media would likely cause you to lose your job, which is why I think it's a BofA fabricated story. I also discuss a theory why it may have showed that much money in the account, plus I also discuss how bankers will use this silly story to create sales conversations with other customers about "saving to reach your goals". Ugh.

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

NotoriousBanker.com for detailed info on yours truly, and ways you can follow The Notorious Banker

Sponsors [email protected]  - Advertise your business with a growing, cutting edge podcast.

Visit our Twitter Page @BankBetterGuy -  Bank Advice, humor, observations, deals and  VIGILANTE CUSTOMER SERVICE & Host James B on Twitter @jamesbisright

Voicemail Line: 575-322-4127 (Up to 3m Max) May appear in future episode of TNB

---

Support this podcast: https://podcasters.spotify.com/pod/show/thenotoriousbanker/support