Jennifer Rogers deposited a check through the mobile app for Bank of America. Later on she found that the funds were not in the account. After reaching out to the bank they told her that they could not tell her why the funds were not available. Rogers made a police report and did some of her own investigating to find out that the check was stolen and cashed with another signature.
Clearly this is a case of check fraud and the bank’s response will shock you. I can certainly advise anyone after reading this story that it is not a good idea to use a mobile app to deposit your funds until better regulations are put in place
“It was $1,500 out of my account with the mortgage due,” said Rogers”
Check out the whole story here:.