Wells Fargo Refuses to Reimburse Buyer After $14,000 Exits Account, Instantly Spent on a Mercedes Benz: Report

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A household in Atlanta says hundreds of {dollars} of their Wells Fargo account has vanished – and the banking big says reimbursement just isn’t occurring.

The Pischke household misplaced about $14,000 after receiving an alert from Wells Fargo that their account was flashing suspicious exercise, experiences the ABC-affiliated information station WSB-TV.

The account’s transaction historical past reveals that three transfers have been made to a Mercedez Benz Monetary Companies account, indicating somebody purchased a flashy automobile. However the household says they don’t personal a Mercedes nor did they authorize the withdrawals.

Wells Fargo, nevertheless, has a special tackle the matter.

As said in a Wells Fargo letter despatched to the Pischkes,

“It was decided the transactions have been approved by you or somebody you approved. We’ve closed your declare.”

In an effort to recoup their funds, the Pischkes filed a police report, despatched paperwork to Wells Fargo and contacted Mercedes. Even after going via the correct channels, the Pischkes say the lender nonetheless refuses to reimburse the misplaced funds.

“They stated, ‘That doesn’t make any distinction. It’s nonetheless your spouse is the one that truly did the transactions.’

Now, I’ve been married for 42 years. I’d know if my spouse would do one thing like that. And she or he doesn’t have a Mercedes within the storage both or wherever else.”

WSB-TV touched base with Wells Fargo to get the lender’s facet of the story. In a press release, Wells Fargo says it’s standing by the choice to not make the Pischkes entire.

“Whereas we will’t focus on the specifics of this buyer’s state of affairs for privateness and confidentiality causes, we will affirm that we totally researched the matter, and the proof helps our resolution.”

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