Sacramento Man Writes Check For $400, Bank Reads It As $4,000. What It Took To Get His Money Back. SACRAMENTO – A Sacramento man said his bank added a zero to a check he wrote. When it put his account in the red, he reached out to CBS13 and the Call Kurtis consumer investigative team to ask for help. But, what really upset Gerald Monroe Mann was how long the bank told him it would take to fix the mess. "How can you treat me this way?" asked Mann, a longtime customer of Wells Fargo Bank. Mann wrote a check for $400. It's handwritten in words, too. But, Wells Fargo interpreted it as $4,000 and that drained Mann's checking and savings accounts. The scenario put him nearly $900 in the red. "I'm not rich," Mann said. "Yeah. Money is important." Mann spent hours on the phone with his bank. He said they told him it would take 10 business days to investigate the matter. That left him without access to his own money. "Now I'm screwed be...
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limits, changing from the last-in first-out method of valuing inventory to the first-in first-out method, cutting nonmandatory expenses for short periods, or attributing regular business expenses to a one-off, nonrecurring event. The Bottom Line Investors should always do their homework before investing in a stock. That means analyzing the company’s financial report to get a true picture of how it is doing. Don’t just fixate on the headline numbers the company wants you to read or trust that analysts or somebody else will do the job on your behalf. Go through everything yourself and do it with a skeptical eye.
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Sacramento Man Writes Check For $400, Bank Reads It As $4,000. What It Took To Get His Money Back. SACRAMENTO – A Sacramento man said his bank added a zero to a check he wrote. When it put his account in the red, he reached out to CBS13 and the Call Kurtis consumer investigative team to ask for help. But, what really upset Gerald Monroe Mann was how long the bank told him it would take to fix the mess. "How can you treat me this way?" asked Mann, a longtime customer of Wells Fargo Bank. Mann wrote a check for $400. It's handwritten in words, too. But, Wells Fargo interpreted it as $4,000 and that drained Mann's checking and savings accounts. The scenario put him nearly $900 in the red. "I'm not rich," Mann said. "Yeah. Money is important." Mann spent hours on the phone with his bank. He said they told him it would take 10 business days to investigate the matter. That left him without access to his own money. "Now I'm screwed be...
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