Good Morning America

Message Board

    • Topic: 
    • Chase Bank ruins small family business
  • From: sbolivecindy
  •   To: All
  • 1 of 1
  • 4/5/11
Hi Robin,  My family has been watching GMA for years.  This is the one time that we'd like to tell you about an really unfortunate situation we've had with Chase Bank.  We will begin trial tomorrow in Santa Barbara regarding this issue.  We started a family farming business from the ground up back in 1982. We were a small family business employing Americans for over 27 years until we were forced to sell as a result of an embezzelment involving Chase Bank.  This story involves a whistle blower inside the Chase fraud department that contacted us regarding this issue. When the whistle blower brought the issue of the credit card fraud to their supervisors they were told to bury it.  The whistle blower contacted us and were subsequently fired.  It has to do with an employee stealing money by using the credit card to pull cash advances out at casinos used for gambling.  The credit card limit was never enforced and we were not contacted to verify any of these erroneous charges. Chase just let the theft continue because they were profiting from the theft. The theft is in excess of $500,000.00.  Chase denies any responsibility and denies any fraud.  We know you're busy but we would like to give you the total story in hopes that it never happens to anyone else.  We've lost our company and any hopes of passing along a family tradition.  Hopefully you'll read this and give us a chance to give you our story.
 
 
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