Re:Debit cards are hidden financial infrastructure
by beebeepka on Saturday November 13, 2021 @09:20AM
(#29209894)
Dear gawd. I've never heard of this shit before and hope it's not a thing anywhere else. Amazing it's all legal. That's the very definition of fraud
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Re:Debit cards are hidden financial infrastructure
by rootusrootus on Saturday November 13, 2021 @10:23AM
(#29210361)
I may be wrong, but I think this is now illegal in the US. I haven't heard of it in a while, at least. But it's also been some time since I left little enough in my account that it could happen to me, or banked at a shitty bank that would even do it to begin with.
Re:Debit cards are hidden financial infrastructure
by plorkyeran on Saturday November 13, 2021 @11:31AM
(#29210961)
Banks "voluntarily" stopped doing it once regulators got serious about forbidding it and then the regulations never actually happened, so while it's not currently a thing anyone does it probably will be again some time in the future.