Latest News and Articles about Bank of America
Bank of America Insider Guilty in $25M Crypto Money Laundering Scheme
Bank of America Insider Rongjian Li Pleads Guilty in Massive Global Money Laundering Conspiracy Involving Cryptocurrency Rongjian Li, a former Bank of America employee, has confessed to his involvement in a global money laundering scheme led by criminal mastermind Jin Hua Zhang. This conspiracy exploited banking systems to launder millions from drug trafficking and other […]
Read MoreBank of America Sued Over Alleged Credit Card Reward Bait-and-Switch
Bank of America Under Fire: Class Action Lawsuit Alleges Credit Card Bait-and-Switch Bank of America is facing a class action lawsuit led by plaintiff Jean-Baptiste Boyer-Gomez, alleging deceptive practices with the Air France KLM World Elite Mastercard. Customers were promised a tantalizing offer of 70,000 bonus miles and 40 experience points for spending $3,000 within […]
Read MoreBank of America’s CEO: Crypto Adoption Depends on Clear Regulations
Bank of America CEO Signals Crypto Adoption Hinges on Regulatory Clarity Can banks and cryptocurrencies coexist? Bank of America’s CEO thinks so, but there’s a catch. Bank of America’s crypto adoption hinges on regulatory clarity. Non-anonymous, verified transactions emphasized. Blockchain investments by Bank of America continue. At the World Economic Forum in Davos, Switzerland, Bank […]
Read MoreBank of America Ready for Crypto Payments Awaits Regulatory Nod
Bank of America CEO Eyes Crypto Payments Pending Regulatory Approval Bank of America CEO Brian Moynihan has hinted at the bank’s readiness to integrate cryptocurrencies into its payment systems, contingent on regulatory approval. This development signals a shift in traditional banks’ attitudes towards crypto, with potential executive orders and regulatory changes on the horizon. Bank […]
Read MoreBank of America Refuses Reimbursement After $20,000 Phantom Hacker Scam
Phantom Hacker Drains $20,000 From Bank of America Account: Bank Refuses Reimbursement Milan Jackson loses $20,000 to a “phantom hacker” scam. Bank of America refuses reimbursement, claiming no responsibility. FBI warns of increasing sophistication of such scams. Milan Jackson, a Chicago-based business owner, was thrust into a financial nightmare when a “phantom hacker” scam drained […]
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