Accounts

Poland Set To Make Censoring Social Media Accounts Illegal​​​​​​​

By Tyler Durden On Jan. 6, pro-Trump extremists stormed the US Capitol complex and disrupted Congress’s joint session to confirm President-elect Joe Biden’s electoral victory. Days later, social media companies went on a free speech crusade against President Trump, banning or limiting the president from various platforms, including Twitter, Facebook, and Snapchat. It appears some…

IRS Sent "Millions Of Checks" To The Wrong Bank Accounts, Tax Preparers Claim

it’s incredible to think that while giving away trillions of dollars, the U.S. government may have misplaced some of it without anybody noticing. That is what several tax preparers are claiming; notable that the IRS has sent “millions of checks” to the wrong bank accounts. It’s a mistake the Feds are now working on fixing, according to…

Social Security Is A Mess: There Are 6 Million Active Accounts Of People Aged 112+

By Tyler Durden Our friends at Open The Books continue to expose government waste – and fraud – and in their latest investigation, they have shone the spotlight on one of the largest wastes in the US government: the Social Security Administration. What they have uncovered is that Social Security admitted to $8 billion in…

“It’s Outrageous”: Bank Of America Flags $2 Billion In Potential Unemployment Fraud Spanning 640,000 Accounts

In September, we noted how California saw a staggering 72% decline in Pandemic Unemployment Assistance (PUA) applications after the state started cracking down on suspected scammers. Yet despite the state’s efforts, Bank of America on Monday estimated that fraud in California’s unemployment benefits system could total $2 billion across 640,000 accounts which have exhibited suspicious…

HSBC Slides Amid Outrage Bank Froze Accounts Of Exiled Hong Kong Legislator

European banks were hits on monday, with the Stoxx 600 Bank Index dropping 2% on Monday, the biggest decliner on the European sector leaderboard, dragged by banking giant HSBC whose shares fell 2.1%, the biggest drag on the index, as the UK-based bank was once again swept into Hong Kong’s turmoil after a former pro-democracy…

Google Muscles In On Wall Street’s Turf With New Checking Accounts

Following in the footsteps of Apple Pay and the Apple/Goldman credit card, Google owner Alphabet is finally making its move to expand its rudimentary Google Pay service into a checking account that can also grant users access to other cards and discounts. The upgrade marks Google’s deepest foray yet into the US financial system, just…