Bank of America North Fort Lauderdale Branch
4901 North Federal Highway, Fort Lauderdale, FL 33308
North Fort Lauderdale LocationGet Directions
Bank of America Branch Customer Reviews
Reviewed By Gina B. Mar 28, 2014
Bank of America cashed third party checks that were fraudulent --1.5 million dollars.
Former employee had ADP write second checks to employees and checks to fictitious names, open fake checking accounts and then cash over 1.5 million dollars worth of these checks over a 7 year period. The banks response was "I can't believe she would do that. She brings the bank branch buffet lunch every Friday". She also gave gifts to the employees including a pure bred dog she purchased for him.
She went to Federal prison for 3 years. The bank admitted the wrong doing and fired 7 employees. They recognized the problem at one point and had office meeting telling the tellers not to cash any more of her 3rd party checks. They did it anyway. I received no phone call when they saw the irregularity. They also failed to file a suspicious activity report to the federal government as required by law. If you are a small business man, do not do business with this bank.Thank you for your feedback Is this review helpful?