Lawyer for Bank Transfer Fraud in California

Bank transfer fraud occurs when someone illegally transfers money from your bank account without your permission. This includes transfers, withdrawals, or deposits from checking or savings accounts. Electronic transfers from checking or savings accounts are initiated through ATMs, Point-of-Sale terminals (POS) or Automated Clearing House Systems (ACH).

If you experience bank transfer fraud, the Electronic Fund Transfer Act (EFTA) outlines steps to protect yourself. First, notify your bank immediately, either in person, by phone, or in writing. If your debit card or access device was lost or stolen, report it within 2 business days to limit your liability to $50 for unauthorized… [Read More]

According to the Electronic Fund Transfer Act, consumers can notify their financial institution about unauthorized use in person, by telephone, or in writing. If you are a victim of bank transfer fraud, tell your bank the following information: Your account details or information sufficient to identify your account (such as the name on the account… [Read More]

Contact us for a free consultation. We help people who are victims of bank transfer fraud. We have more than two decades of experience helping and representing victims of identity theft and fraud. We file lawsuits on a contingency fee basis so you don’t pay our fees and costs unless you win at trial or… [Read More]

Yes, in some cases you may be able to sue your bank if they failed to detect or prevent a fraudulent bank transfer in California. Financial institutions have a duty to implement safeguards and monitor for suspicious activity, particularly when it involves unusual or unauthorized transfers. If your bank ignored red flags, failed to follow… [Read More]

Bank transfer fraud typically involves unauthorized transactions from your account—either through account hacking, phishing schemes, or social engineering. Criminals may gain access to your online banking credentials or trick you into transferring money to a fraudulent account. In other cases, fraudsters impersonate bank representatives or vendors and convince victims to authorize the transfer themselves under… [Read More]

If you are the victim of bank transfer fraud, collecting and preserving evidence is essential to building a strong legal case. Start by gathering all communications related to the fraudulent transaction, including emails, text messages, phone call logs, and screenshots. Save bank statements and transaction history that show the fraudulent transfers, and take note of… [Read More]

Victims of unauthorized bank transfers in California are protected under both state and federal laws. One of the primary protections comes from the Electronic Fund Transfer Act (EFTA), which provides consumers with certain rights when unauthorized or fraudulent electronic transfers occur. This law requires financial institutions to investigate disputes promptly and, in many cases, reimburse… [Read More]

Under federal law, specifically the Electronic Fund Transfer Act (EFTA), you generally have 60 days from the date the fraudulent transaction appears on your bank statement to report the unauthorized transfer to your financial institution. If you report within this window, the bank is obligated to investigate and may be required to reimburse your losses,… [Read More]