Disturbing article about a Chase private banking client who had hundreds of thousands of dollars stolen from his account over a period of months.
The disturbing part is how easily it happened and, of course, if it can happen to uber-wealthy investor types being handled by the "Private Banking Group" (read: sycophants who will bend over backwards to retain the really, really rich clients) and they have little recourse, what does that say for us peons?
Still, I hope to someday be in a position to have $300,000 stolen from me in 15 months and not really notice that it's missing.
Showing posts with label Rich. Show all posts
Showing posts with label Rich. Show all posts
Friday, September 5, 2008
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