Should Have Used A Black Bank - Lil Boosie Robbed By Capital One For $469,000

[Yaboysix]

Damn this shyt got me hot!!

fukk a bank! If I ever got rich, I'd James Brown my cash. They won't catch me slipping!

 

[franknitty711]

There are a lot of ratchet posts in here ya'll messing up your credit and letting the banks use the overdraft fees to pull you into a hole of debt.

I would offer advise but most of what you will learn is from experience. When you get in your thirties you will feel me.

 

[Rawster]

how does that prove you know more about banking, because you can photoshop better than me? I don't get it

how about we post our work credentials and the one with the least amount of financial credentials and degrees gets the ban?

The goal post are moving. I never said anything about finances or credentials. You made a statement that I don't know shyt about the banking system I said I'd prove otherwise with screenshots from the apps showing extensive use of the banking system if you would do the same. But I knew that wasn't going to happen. Bringing up degrees and shyt like that equals real experience with money. Broke boys being banking experts

You got it champ

 

[Jayou Ayen]

I've only read the few replies on page 6, so forgive me if any of this has been coveered:

When Boosie says, they "stole his money" he's not saying that the bank took his shyt. He's referring how they didn't give it back.

I was Fraud Investigator for a major bank and just left that field no ore than 2 months ago. Boosie file a fraud claim for the missing money, it was investigated, and his claim was denied.

I don't know the details, but it looks as if this was ATO. ATO is a fraud term and stands for account take over. Basically, someone was probably able to gain access to his passwords, change some shyt up, transfer some money. It was likely a transfer because you will notice multiple transactions that you didn't do before it gets to 479 racks. I know it wasn't one single purchase because a purchase that large is getting denied off rip.

With that said, Cap One still could have fukked him over. Banks have strict Federal regulations to follow when it comes to fraud claims. But these regulations focus more on the time frame in which cases are resolved and provisional credits ( when they put the money back in your account while they investigate. If denied, they will take the money back out the account) They don't really regulate decisions.

Cap One could feel like Boosie is lying and deny it. They could feel like he was grossly negligent and deny it. They could feel that the person who did it was authorized to do so. Do you know that if you've given a person access to your account at ANY time in the past, they can take money from your account and the bank hold you responsible? Again, I don't have the details as to how the money came up missing, but these are some possible reasons for the outcome.

I worked at a bank for nearly a decade, and dealt with similar situations, although nothing near that amount. Investigations are extremely thorough, people don't usually get denied just because the bank felt like it.

One time we had fraud on an account that was a result of negligence by our branch. We had an account set up for a girl that suffered brain damage, and around the clock assistance. The money from the settlement was in a court appointed checking account, where funds could only be withdrawn with a written court order. The girl's dad made a withdrawal with a court order, and it was verified by the manager before the money was released. I guess he then started making more withdrawals with forged court orders, and no one verified them after the first one. This piece of shyt took all the money out, and spent it on his gambling addiction.
We ended up reimbursing the entire amount, because we fukked up. The dad went to jail.

Obviously, this isn't anything like Boosie's case. But it's difficult if not impossible for an institution to cover up for internal wrongdoing. Especially on financial matters, there is a paper trail for everything.

I don't know anything about what happened to Boosie. But I remember when my dad asked me to open an account for my uncle. He's the kind of person that doesn't trust anybody, is difficult to deal with, and isn't good with money or numbers.
I opened the account, and told him to come see me if he ever had any problems or questions. He never followed up with me, but I kept an eye on his money. After a while though, I kinda forgot. Less than a year later, my dad tells me that he closed his account, and was really mad at the bank. I looked up his account, and he went negative a bunch of times, and racked up some overdraft service charges. He never called me, I could've at least reversed the charges. He went around telling everybody that we stole his money, and that we were crooks. Again, this is not the same as Boosie, but you shouldn't just go off of what people tell you, there's usually more to it.



39

 

[KravenMorehead™]

Prolly his agent

shyt like this is why kingpins order hits

 

[Chip Skylark]

BREH ANYONE SAY THAT BLACK PEOPLE THE WORST RACE ON THE PLANET I HAVE NOMORE TO HEAR FROM THEM

I thought I was the only one. This nikka and Kevin gates get no love around here for that shyt

 

[Paradise50]

Boosie better hire another minor to put in work for him

 

[Perfectson]

The goal post are moving. I never said anything about finances or credentials. You made a statement that I don't know shyt about the banking system I said I'd prove otherwise with screenshots from the apps showing extensive use of the banking system if you would do the same. But I knew that wasn't going to happen. Bringing up degrees and shyt like that equals real experience with money. Broke boys being banking experts

You got it champ

I'm moving goal posts? I'm credentialed in finance and it and work and have clients in the financial services industry and work with regulators all the time. How does your posting screeenshotsb of having access to money make you any knowledgeable about banking?

How did that fare for boosie. Post your financial certifications and let's ban the one who shows te lower amount

You already though fdic was insurance for fraud lol, you don't even know te basics

 

[Perfectson]

I worked at a bank for nearly a decade, and dealt with similar situations, although nothing near that amount. Investigations are extremely thorough, people don't usually get denied just because the bank felt like it.

One time we had fraud on an account that was a result of negligence by our branch. We had an account set up for a girl that suffered brain damage, and around the clock assistance. The money from the settlement was in a court appointed checking account, where funds could only be withdrawn with a written court order. The girl's dad made a withdrawal with a court order, and it was verified by the manager before the money was released. I guess he then started making more withdrawals with forged court orders, and no one verified them after the first one. This piece of shyt took all the money out, and spent it on his gambling addiction.
We ended up reimbursing the entire amount, because we fukked up. The dad went to jail.

Obviously, this isn't anything like Boosie's case. But it's difficult if not impossible for an institution to cover up for internal wrongdoing. Especially on financial matters, there is a paper trail for everything.

I don't know anything about what happened to Boosie. But I remember when my dad asked me to open an account for my uncle. He's the kind of person that doesn't trust anybody, is difficult to deal with, and isn't good with money or numbers.
I opened the account, and told him to come see me if he ever had any problems or questions. He never followed up with me, but I kept an eye on his money. After a while though, I kinda forgot. Less than a year later, my dad tells me that he closed his account, and was really mad at the bank. I looked up his account, and he went negative a bunch of times, and racked up some overdraft service charges. He never called me, I could've at least reversed the charges. He went around telling everybody that we stole his money, and that we were crooks. Again, this is not the same as Boosie, but you shouldn't just go off of what people tell you, there's usually more to it.



39

Appreciate you posting this,

 

[Perfectson]

You moron, they won't call the feds unless he Boosie says it was fraud, he kept trusting the bank and they were spinning him, did you even read what he stated you idiot.

Federal law says that if someone takes money from your bank account you will get all of your money back if you notify your financial institution within 60 days after the fraudulent transaction appears on your bank statement.

They kept spinning him so he would be shyt out of luck.

Your an entire stance was that people who worked at the bank were beyond stealing and they aren't, the people who get caught aren't in the minority to those who don't, that's the hard reality. They finessed that man out his bread

i see why you're the WOAT

1. I told you that this was a federal issue and a federal offense

2. you initially said this had nothing to do with the feds

2a. you stated above that banks won't call the feds

3. then in the very next paragraph you mention the federal law, which is Reg E, which basiclly cover Boosie if he called the bank within 60 (and there is still some protetion if it's past 60 days it a case by case basis).

4. then you concludde that even tho Boosie told the bank of this, that they were able to circumvent a federal law by somehow "keeping him spinning so he would be shyt out of luck"

really beah

you're running in circles because i've beat you at every turn and you literally are just regurgitating facts that I TOLD you with reaches you've come up with

i think this is my last response to YOU, unless you can prove me wrong on anything i said...

 

[Rawster]

I had 80,000 vanish from a wire and had it fixed with one visit to the bank. I was told it must have been a mistake and it was fixed but of course no one was held accountable.

I can tell by your lack of knowledge that you aren't doing $80K in wire transfers that's for sure.

You really are over your head on this discussion, you do not know 1 iota about banking ...

I know nothing about banking.
Wanna have a ban bet that I can show more than 5 different accounts at different banks internationally with at least 6 figures in them if you can? We can include a note on a bank to bank transfer with our usernames in the notes and one who cannot has to have their account banned.
You ready to prove I know nothing about banking and you're the expert?

how about we post our work credentials and the one with the least amount of financial credentials and degrees gets the ban?

The goal post are moving. I never said anything about finances or credentials.You made a statement that I don't know shyt about the banking system I said I'd prove otherwise with screenshots from the apps showing extensive use of the banking system if you would do the same.

How does your posting screeenshots of having access to money make you any knowledgeable about banking

But didn't you just say

I can tell by your lack of knowledge that you aren't doing $80K in wire transfers that's for sure.

Mr. I got degrees and certs so I'm an expert Calls me a liar so I say i'll prove what I am saying is based on actual real world experience (and not something I read in a book) for an account ban and of course you change your argument.

Typical behavior "What about black on black crime" You can be wrong no one's perfect son

#TheColi.com yall

 

[Perfectson]

But didn't you just say

Mr. I got degrees and certs so I'm an expert Calls me a liar so I say i'll prove what I am saying is based on actual real world experience (and not something I read in a book) for an account ban and of course you change your argument.

Typical behavior "What about black on black crime" You can be wrong no one's perfect son

#TheColi.com yall

Except your proof is against my slant that you aren't 80k wires and doesn't prove you know shyt about banking. Which again you do not, I stand by that position.

You thought fdic would cover you against fraud!!! You shows your lack of knowledge on that statement alone, just take your L

If you want a vic on doing 80k transfers take it, you won a battle I won the war

 

[Redwing80]

Thread is hilarious, especially like the first 5 pages.

But I'm pretty sure Boosie having large amounts of money in his bank isn't a new experience for him.

And I damn sure know none of you financial banking expert brehs ever had more than 4 figures in your bank account

If lawyers and all was involved, he's probably got a cause to complain

 

[Dak Pickscott]

I thought I was the only one. This nikka and Kevin gates get no love around here for that shyt

I don't know why yall keep bringing that up. Boosie gets a pass. He has a catalogue full of records about black love.

 

[blackzeus]

Same thing happened to me with B of A, got hit for $16K. And just like Boosie I ended up having to eat it. If it's a business account you don't have FDIC insurance like a personal account. That's why now the account I use for debits is not associated with my other accounts. Don't trust banks, I done seen some f*cked up sh*t in the MIA, that's all Imma say, greeks with their mattress money got their sh*t right. Never keep more than whats FDIC insured in your account, keep as much in your PERSONAL accounts if possible, because for consumer law the bank automatically has to credit you the money until the case is solved. If you must have a commercial account never use one account for everything, and see if possible you can get the account insured by the bank (some banks will offer insurance/fraud protection on certain types of business accounts). And I hate to say this but Capital One is the last bank in the world I'd deposit $500K in. When you have that kind of money you need to deal with Big Banking (Citi, Chase, B of A, Wells Fargo, etc) Capital One will go to war with you over $500K because they ain't liquid like that.