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Posted on 3/31/15 at 10:11 pm to LSUAlum2001
Yeah this sounds like complete bs.
I'm guessing either he gave them his money to invest, and they put it into aggressive stocks and when the market went to shite he lost most of it.
I'm guessing either he gave them his money to invest, and they put it into aggressive stocks and when the market went to shite he lost most of it.
Posted on 3/31/15 at 10:12 pm to LSUAlum2001
quote:
or did Freeny casually forget those late night trips to the ATM?
100% positive he didn't have $20 mil worth of late night ATM withdrawals in 2 years.
Posted on 4/1/15 at 10:30 am to LSUAlum2001
quote:
Did BOA churn his $20 mil out of existence or did Freeny casually forget those late night trips to the ATM?
quote:
"Although we sympathize with Mr. Freeney as the victim of a crime, the bank had nothing to do with the criminal scheme," said Bill Halldin, a spokesman for Bank of America.
Halldin says the two people responsible for the wrongdoing have already been convicted in criminal court and ordered to pay restitution.
A former Bank of America Merrill Lynch adviser and a business associate were arrested in 2012 after fraudulently wiring $2.2 million out of Freeney's account.
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