Quote:
Originally Posted by ullmandds
unfortunately...it was through my bank acct?!?!!?  |
Sure there are lawyers on here who know better but the type of electronic transfer of funds you did is not protected by this type of fraud. The bank can retrieve money if the transfer was not one you authorized. ETFs do not have the recourse we are afforded through credit card purchases. Obviously this guy thought about that when he structured your deal. At this point, assuming the card does not grade, your only recourse would be to sue or hope he/they are made to pay restitution, which ends up being pennies on the dollar. Just ask JP Cohen.