Funny how the banks are able to roll back at will when they are defrauded but when it is their customers they pretend that they can't do anything. I've seen transactions six months old rolled back because it benefited the bank.
Which is why I cringed at patio11's twitter thread where he insisted that the banking system is one giant kumbaya circle that works together to Do The Right THing
I’ve worked for several us financial institutions, including banks and that exchange seems extremely typical to me. Especially the “hold harmless” bits. Which particular part of that story telling rang false to you?
The part where the banking system is a giant kumbaya circle run on gentlemen’s agreements to do the right thing. When you are clearly defrauded or scammed, banks do nothing about it. His entire thread advertises, “I’ve never wired money to a scammer”.
