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$72,360 Wired Out of Wells Fargo Accounts Overnight, South Carolina Couple Sues After Bank Denies Fraud Claim
A couple is suing Wells Fargo after $72,360 was wired out of their accounts overnight and the bank refused to pay it back. Melanie and Jack Anderson of Bluffton say they never authorized the transfers, reports the Savannah news station WJCL.
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A Bluffton, South Carolina, couple is suing Wells Fargo after about $72,360 left their accounts in two overnight transfers, according to the Savannah station WJCL. The transfers, sent at 1 a.m. and 4 a.m., took $22,500 from checking and $49,860 from savings. Melanie and Jack Anderson say they never approved either payment. Wells Fargo denied the claim within days, and its letter suggested the couple may have unknowingly joined a fraud scheme. Melanie Anderson says the bank never contacted her about the wires. Attorney Dave Maxfield's suit alleges hackers obtained the couple's online banking logins and moved the money lacking multi-factor or live verification, and says the bank rejected it without a real probe. The case is now in federal court.
Why it matters: Fraud losses from compromised online banking credentials show how bank account protections can shape who bears the cost of unauthorized transfers.
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