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New Jersey man loses $80K in life savings after routine bank transfer, 7 On Your Side steps in


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There was promotion going with Citibank that if you open an account with a certain amount of money, I get $700. So I was just trying to get that extra bonus, Alexander said.
He transferred $50,000 from his online Chime account just before Christmas, then got scrooged.
Basically, the next day, both accounts were frozen, and Chime says my funds were not eligible for refund, Alexander said. As to why both accounts were frozen, I still have no idea.
Chime wanted Alexander to provide unemployment verification, but Citibank didn t ask for any documentation and wouldn t disclose why all his money was frozen. ....

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