http://www.thesimpledollar.com/2006/11/15/walt/ Simple, applicable personal finance advice for the modern world Tue, 16 Mar 2010 06:53:37 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.thesimpledollar.com/2006/11/15/walt/comment-page-1/#comment-41252 Margaret Sat, 30 Jun 2007 22:06:24 +0000 http://www.thesimpledollar.com/2006/11/14/walt/#comment-41252 Nice story, but in this day and age of identity theft and fraud, I would tell Walt to look at those bank statements. Either someone could get into his account fraudulently, or the bank could be making some sort of error and taking cash out of his account instead of someone else's, or it could be depositing his pension into the wrong account (I assume there is a nest egg in the account, and that it would be months or longer before he would find out such an error). If there is an error, it needs to be fixed right away. Banks charge very high fees ($30 per hour) if they have to research errors more than a couple months old. Nice story, but in this day and age of identity theft and fraud, I would tell Walt to look at those bank statements. Either someone could get into his account fraudulently, or the bank could be making some sort of error and taking cash out of his account instead of someone else’s, or it could be depositing his pension into the wrong account (I assume there is a nest egg in the account, and that it would be months or longer before he would find out such an error). If there is an error, it needs to be fixed right away. Banks charge very high fees ($30 per hour) if they have to research errors more than a couple months old.

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