Consumerism Commentary - Latest Comments in Merrill Lynch Broker Allegedly Steals $320,000

Re: Merrill Lynch Broker Allegedly Steals $320,000

thc — Sat, 07 Jan 2006 14:18:30 -0000

The victim in this story was 95 years old and didn't have online access to her account. But the forgeries were spread out over 19 months so she either knew what he was doing or wasn't paying attention to her monthly statements.

Re: Merrill Lynch Broker Allegedly Steals $320,000

FMF — Fri, 06 Jan 2006 15:58:45 -0000

Forgot to mention that I found a double charge from a bookstore this month on my Amex bill. If I hadn't looked it over and reconciled the account, I may never have found it -- and would have been $32 poorer.

Re: Merrill Lynch Broker Allegedly Steals $320,000

FMF — Fri, 06 Jan 2006 15:57:16 -0000

Amen to the concept of checking all your records. I track mine like a hawk.

Re: Merrill Lynch Broker Allegedly Steals $320,000

jim — Fri, 06 Jan 2006 13:38:22 -0000

Wow, that's over $10,000/check... it's unfortunate that people take advantage of less tech-savvy consumers who can't just check their balances electronically.