Current checking account breaches: are you seeing this?

[Cameron Hernandez]

Hi all,
So my client recently (2.5 weeks ago) had fraud on his Chase business checking account. The thieves used his routing number and account numbers to pay bills, ie: PG&E, At&T, Greenline loans (a payday loan company). Today, I just found out that a friend of mine had the same thing happen to her Chase account. There must be a breach somewhere. Luckily our clients have us to monitor their accounts, but this fraud is so easy to pull off on those who don’t monitor there accounts. If this has happened to you, even though your bank says they will investigate, be sure to report it to the police.

Will you let me know if this has happened to you and/or your clients? I’m curious.

Cheers,

Babs Fahrney

[Anonymous]

Hi there, I am curious whether this client had established an online account for this with Chase. If not, it supports what I’ve been telling people regarding the fact that they are more secure if they create an online bank account (associated to an email or phone number for 2 factor authentication) even if they just create it and do nothing. If yes, do you know how they managed to do this?

[Anonymous]

Hi Babs,
After reading your post, I checked clients’ accounts at Chase and none had breaches. Sorry this happened to you/your client and a friend.

[Anonymous]

Does your client mail checks? Sometimes the thieves steal mail and get routing and account numbers directly off checks that have gone through the mail.

[Author]

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