JPMorgan Chase and Bank of America are defending their fraud prevention systems after a 76 year-old man lost his life savings of $800,000. Washington resident Bogdan Nalivaiko sold his home and placed nearly a million dollars in the bank when he was targeted by scammers, reports Fox 13 Seattle. According to Nalivaiko’s daughter, Julia Elders, The post Chase and BofA Should Have Flagged Massive Bank Transfers in $800,000 Scam, Says Victim’s Daughter appeared first on The Daily Hodl .
