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Tuesday, 20 Tammuz, 5779
  |  July 23, 2019

    Lawsuit: ‘Chase Froze Out My Life’

    Brooklyn cinematographer Yosef Shidler is suing JPMorgan Chase Bank for closing his business account and freezing assets. Update: Chase Bank has contacted Shidler and said they "made a mistake" in closing the account. Full Story, Audio

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    Yossy H
    Guest
    Yossy H

    Go Yosef, I hope you continue your muckraker activities even after this story is resolved.

    Bsw
    Guest
    Bsw

    Same thing happened with me but they forewarned me that I have 1 month to withdraw my monies. It affected all my accounts. I was puzzled why yet they refused to give me a reason. Wasn’t that branch so has nothing to do with no strand branch. I miss Washington mutual which is where I opened the accounts to begin with.

    normal case
    Guest
    normal case

    if you get wires from international customers that is very quick for chase to stop relationship to avoid hassles…

    Is that really a manager?
    Guest
    Is that really a manager?

    That’s the branch manager of a bank? That guy sounds like a illiterate idiot. And this practice of chase disgusts me.
    Ps thanks Yosef for being a consumer advocate.

    Marcus Levinicus
    Guest
    Marcus Levinicus

    Bad enough they closed the account but they want to earn interest on the money for another 10 days. LAWSUIT CITY!

    Why the big deal?
    Guest
    Why the big deal?

    If Chase doesn’t want to do business with someone, that is their right. The way with which they go about doing it (just closing the account) seems annoying, but they have no obligation to give a reason for discontinuing to do business with someone. Welcome to capitalism and Hatzlacha!

    Good luck with that!
    Guest
    Good luck with that!

    Banks have all sorts of mechanisms in place to protect them from these types of lawsuits. One such thing is the contract you sign when you open an account with them. It’s highly unlikely that Mr. Shidler will receive any compensation.

    All the Jews in my community will know!
    Guest
    All the Jews in my community will know!

    I don’t agree with yelling like a mad man in that bank office. Banks close people’s accounts every day without explanation. By opening the account you agree to allow Chase to close the account without explanation whenever They want. It’s in the contract, and it’s part of doing business. Yelling louder at a teller won’t get you your way.

    very odd
    Guest
    very odd

    I want to know why.

    chase
    Guest
    chase

    I’ve had the same thing happen to me. I totally understand your situation.
    Bh I was able to switch to TD easily. It’s time TD opens a branch in ch

    Larry
    Guest
    Larry

    Thanks for posting I will open in a different bank. BTW is it only business accounts that are doing it to?

    credit union?
    Guest
    credit union?

    perhaps it’s time for a crown heights credit union?

    just thinking
    Guest
    just thinking

    Why don’t u all file a class action together?

    Also screwed by chase
    Guest
    Also screwed by chase

    yea chase did the same thing to us we should all boycott

    to number 9
    Guest
    to number 9

    Mega dittos to number 9

    this is so illegal
    Guest
    this is so illegal

    remember just a few years ago how all these banks including chase caused the biggest financial meltdown in recent history and foreclosed on millions of homeowners without following the law properly. BANKS are the biggest GANAVIM!! Customer BEWARE!! Advice: This will add years to your life in lost stress. Deal in cash. Don’t use any bill pay or direct deposit. Never leave too much in your account. Invest it. And diversify. BTW to numbers 6 and 7 chase is a NA or national association and a quasi federal institution and subject to laws that a regular businesses don’t have. It… Read more »

    Bank of america
    Guest
    Bank of america

    What about Bank of America?

    wow
    Guest
    wow

    glad to see you’re doing something about it!! i was screwed by a company but it’s so hard to get all the paperwork together and take action.
    i applaud you!

    Chase going downhill
    Guest
    Chase going downhill

    I called them to let them know I would be using my debit card on my trip to Israel this month. To my surprise, two different representatives told me that Israel is a ‘high fraud’ country and that they don’t do travel notifications there which may cause any or all of my transactions there to be declined. This did not happen but the manner in which this was conveyed to me by both reps was unprofessional and smacked of a general bias. Either Chase is buying into the general negative culture we’re experiencing or maybe society as a whole is… Read more »

    paypal
    Guest
    paypal

    I had the same thing but with PayPal. I was using it just for small transactions barely twice a month. One day they said I outer $500 and they froze my account. They never responded when I repeatedly asked why.

    BoA are just as bad
    Guest
    BoA are just as bad

    they canceled my savings account which had $140,000+ in. Why? Because I was making a wedding and withdrew more than 3 times in a month! MY money and they wouldn’t let me do with it what I wanted! So I went to Capital One and I have had great service from my account manager. Try Cap One at Franklin & EP, they are really nice and helpfu.l

    bank.of America is the same
    Guest
    bank.of America is the same

    They did the same thing to me it off nowhere

    bank of America does the samr
    Guest
    bank of America does the samr

    I have recently had a story like this happen to me though with bank of America. They don’t seem much better. Perhaps its time to stick with the smaller banks.

    To number 21
    Guest
    To number 21

    I also went through the same thing with bank of America only I am still fighting to get my money back.

    Chaim
    Guest
    Chaim

    about Israel being high fraud it’s because of the Arabs in gaza who steal credit cards and charge them and it comes up in their system as Israel nothing to do with bias a friend who sells on eBay had to fraud cases a couple of weeks apart one from a guy in bnei brak and another from a guy in gaza

    chase = united airlines.
    Guest
    chase = united airlines.

    All same garbage.
    They take advantage of their customers, and then they cry when they get a taste of their own medicine.

    Bitcoins
    Guest
    Bitcoins

    Use Bitcoins, no need for banks!

    Sam
    Guest
    Sam

    To# 6 It happened to me and what do you do when you have a lot of checks start bouncing on you that’s what happened to me

    law passed recently
    Guest
    law passed recently

    I heard on the radio that a bill was recently passed that govnt. can take your money and put into into the banks assets without even notifying you. This may not be the exact details of the law, but what is described here will be happening more and more.

    Chabad in CA
    Guest
    Chabad in CA

    This happened to my chabad accounts with chase a few years ago. I found another bank and I am much happier that I left chase.

    First republic
    Guest
    First republic

    They have only a few branches. But they are the best bank out there. Free ATM so you get your fees back. You can deposit up to $25,000 via their online app. And they have no issues when I notify them of travel in israel. If you want real service like banks once used to be. First republic bank.

    info
    Guest
    info

    ” for valuable information you can research

    AML red flags

    Bank regulatory compliance

    TBML

    Rapid movement of funds cash and wires

    Etc”

    Yosef did the right thing
    Guest
    Yosef did the right thing

    GO YOSEF IM YOUR BIGGEST COOLJEW FAN 😀

    oh no you are not Yosef Shidler's biggest fan
    Guest
    oh no you are not Yosef Shidler's biggest fan

    I am!!!

    Chase VS Apple Bank
    Guest
    Chase VS Apple Bank

    1- Chase at least has customer service to resolve the issue.
    Apple bank there is no one to talk to.

    2- There were fraudulent charges on my apple account and I did not realize it until months later – apple bank said it was too late – No one to talk to…

    With chase I had an excellent experience with an item I purchased but it was not as described (I missed out on paypal’s 45 day limit) – Chase returned all my money without any problem.

    Capital One
    Guest
    Capital One

    Had chase do the same to me. Switched to Capital One and very happy. They’re very nice and a pleasure to deal with.

    Mr. Sidler did the right thing.
    Guest
    Mr. Sidler did the right thing.

    My son’s account is frozen. He has a tidy sum in his savings and that’s the only account frozen…this month. His checking was frozen the past three months and his automatic payments were rejected. Chase offers no explanation beyond “suspicious activity on the account” triggered an investigation. They will not say what kind of suspicious activity. My son talked with the corporate office when his branch manager was unable to help and corporate was less than helpful. Told him they had to put him on hold, it would be at least 30 minutes and then maybe they would have an… Read more »

    Another Recent Victim
    Guest
    Another Recent Victim

    Thank you for stepping up Yosef. I just found out today that my account was closed. As soon as I found out I called customer service. The first representative transferred me to fraud departments to get cleared. After getting cleared she transferred me back to customer service so that they can tell me what happened. Waited for about 15-20 mins for the second customer representative then after checking my account they said it was closed (i know that already, but what is the reason!). When I asked her what is the reason she said she doesn’t know. She said it… Read more »

    Another New Victim
    Guest
    Another New Victim

    I came home and got 2 letters related to 2 accounts (I have several) now this was as others have experienced with no warning no chance to cure – I have been in the bank for 30 years. 15 accounts. I am not making this part up – I just advised someone yesterday to stop using so many banks and migrate over to Chase. I love my bankers and branch. (I really do) This is all new to me and so frustrating I called the Chase HotLine and after an hour with my emotions going up and down as at… Read more »

    Another closed Chase Account
    Guest
    Another closed Chase Account

    Just found out that my account was closed on the 1st of September no explanation, I’ve never experienced anything like this, money in my account, no bad checks,just closed it ..

    Another victim of CHASE ABUSE
    Guest
    Another victim of CHASE ABUSE

    This has recently just happend to me 3days ago and I refuse to let chase get away with this. They are trying to bully the people by blacklisting them. What bank will want you after chase does such a thing to you.

    closed chase account
    Guest
    closed chase account

    assuming there are no liens on the account, isn’t there a lega time limit that chase has to adhere to re a balance refund?

    Mother & Daughter victimized by chase
    Guest
    Mother & Daughter victimized by chase

    On November 9th, I found out my chase account was restricted, frozen and closed on November 6th. Not once did I get a call or letter and they told me they don’t have to let me know. I have spent days trying to get answers and I keep get, I apologize….. They aren’t releasing my funds and wont for 14 days. They just closed this account and I have student loans. How can a bank be allowed to hold anyone’s financial life in their hands without answering all questions.

    Chase closed my business accounts
    Guest
    Chase closed my business accounts

    I am a physician with savings and checking at chase. I received a letter dated 11/6 received on 12/2 stating accounts would be closed on 12/5. Cannot find out why. Branch managers have no idea why. How can this be?

    God
    Guest
    God

    Chase will be sorry.

    I wish I had of seen this sooner!!
    Guest
    I wish I had of seen this sooner!!

    Shidler….What can I do? After having a good standing checking account with direct deposit set up every month for mine and my husbands monthly veterans disability benefit payments to go into the account on the 1st of every month for over 4yrs with Chase Bank. However, today they have sent me an email advising me that they have closed my account. I attempted to look at my account info online and sure enough, they suspended my online access and closed my account. I too was informed that they did not have to give me a reason why nor did they… Read more »

    I wish I had of seen this sooner!!
    Guest
    I wish I had of seen this sooner!!

    Shidler….What can I do? After having a good standing checking account with direct deposit set up every month for mine and my husbands monthly veterans disability benefit payments to go into the account on the 1st of every month for over 4yrs with Chase Bank. However, today they have sent me an email advising me that they have closed my account. I attempted to look at my account info online and sure enough, they suspended my online access and closed my account. I too was informed that they did not have to give me a reason why nor did they… Read more »

    This just happened to me
    Guest
    This just happened to me

    I’ve been with chase for years and just opened another account with them. A joint account. I always check my account for actions that are taking place. Last night everything was fine. Everything went through and nothing was pending. I wake up this morning and read my emails to find one that says I’m in the negative almost $200. When I went to log into my account I got an access denied and a number to call. I called the number and I was told that the bank decided that they cannot maintain my account and closed ALL OF MY… Read more »

    I am in California
    Guest
    I am in California

    I have the same problem. I opened accounts to do my business and suddenly my account are frozen and then closed. No bank ever gave me a reason. I would like all parties to get together and file a class action suite. Chase, Rabobank, Wells Fargo and Bank of the West. All these banks told me is that their Back-office made the decision

    Happened today
    Guest
    Happened today

    I now can join the groups of people who got shutdown by Chase. After being with them LESS THAN A MONTH, I received the news today that we could no longer be customers. No warning. No chance to get money. No nothing. Shut. Closed. Done.
    How can this be ok? You entrust your entire financial life with an institution and then they turn around and keep it? What if we lowly citizens tried the same thing with our mortgage? Or car payment? Or student loans? WE get penalized. It’s about time THEY BE HELD accountable for their actions!

    Happened to me in 2013
    Guest
    Happened to me in 2013

    Try to get the answer why they did that. Got the same answer we have the right to do so.

    Boycott chase
    Guest
    Boycott chase

    Tell anybody that will listen about chase and how they deal with their costomers. My son sent a money transfer to Australia from his business account then they closed his account and froze his funds. He told chase when he opened his account that he deals with England and Australia and has run hundreds of thousands of dollars through chase big bank should not have this power to ruin someone’s life. Especially after we as taxp funded their bailout.

    Chase did the same thing to me 3 days ago!
    Guest
    Chase did the same thing to me 3 days ago!

    I have been with WAMU then Chase for 20 years. No overdrafts, no negative balances, no late payments, no bad checks written ever in the 20 years. Then suddenly 3 days ago, I received a letter notifying me that they will close my checking account in 7days. I called and was routed to their back office. The manager told me it is the bank’s right to close any accounts and no reason is needed. Went to my local Chase branch. My banker and the local branch were not informed at all. The banker tried to help me find out why… Read more »

    closed account
    Guest
    closed account

    I just opened a business account with them 2 weeks ago and they closed it 2 days after I opened it. Saying the same thing as they have said to others” chase is choosing not to reveal why” . They held my first deposit into the account and said they will return it in 10 business days. I am a new business and needed that money for products. Tomorrow is day 10 I hope it gets here!

    Despicable chase
    Guest
    Despicable chase

    JP Morgan Chase is the most horrific heartless bank out there. They closed my mothers account without notice and reason. She is close to 90 and a holocaust survivor Her social security and German pension checks were returned to their respective sources causing a great deal of effort to retrieve them. All of her auto pays were bounced and it was only because she had some spare cash at home that she did not go hungry. This was done with 2 days warning and additionally her accounts were frozen. She is also legally blind. Nazi Germany behaved much the same… Read more »

    Closed my business credit card and account next
    Guest
    Closed my business credit card and account next

    I have had a business account with Chase since 2004 and credit card since 2008. We were experiencing big growth this year and Chase raised our credit limit from $25k, to $50k and then to $100k. We paying about $30-$40 every week on the card and never carry a balance. We paid $30k today and then found out the card was closed when we were unable to use it. We use this card daily for our business and now find ourselves in BIG TROUBLE as this was our only business credit. We currently have over $50k in our business bank… Read more »

    Chase Is Arrogant, Ruthless And Cruel - Avoid Like The Plague
    Guest
    Chase Is Arrogant, Ruthless And Cruel - Avoid Like The Plague

    Same thing happened to me as the others. After having a checking account for years they froze it and closed it without warning. They also held my money for weeks. I got some dufus on the phone at their executive offices that was arrogant and not helpful in the least. This all caused me tremendous grief with bounced checks and scheduled payments and the associated penalties, in addition to days of wasted time to fix everything. The worst part is their extreme arrogance as they boast that they can close your accounts at anytime without any explanation. These people deserve… Read more »

    Chase Hides Their Contact Info
    Guest
    Chase Hides Their Contact Info

    Here it is:
    (877) 658-5560
    [email protected]

    75 yr old Alzheimer Patient with frozen account. Chase thinks I passed away
    Guest
    75 yr old Alzheimer Patient with frozen account. Chase thinks I passed away

    I am Power Attorney for my 75yr old mum with Alzheimer Disease stage 6. Last week her online banking displayed a message that her account was suspended. I was with her when we opened the checking and savings and POA was handed over at the Branch. After that I opened several credit cards in her name to purchase her meds. I made myself an Authorized user. There were no problems up until last week. I needed to pay for some documents from US Treasury for her and it triggered a Fraud alert. I called as the Auth user for the… Read more »

    Well, Chase did it to me too
    Guest
    Well, Chase did it to me too

    I went to the grocery store yesterday, Saturday, afternoon and when I was ready to pay with my debit card, the card was invalid. Thinking there was an error with the store’s machine, I went to the store’s ATM box to withdraw $$, the transactions were not approved; I tried both checking and savings. Needless to say, and very ashamed, I had to ask the cashier to VOID ALL my groceries because I didn’t have $$ to pay; that was a very embarrasing moment, having others shoppers look at me with those inquisitive eyes. sigh!. Today Sunday, I coudn’t go… Read more »

    #60
    Guest
    #60
    Taking them to court
    Guest
    Taking them to court

    I had $73,000 in my chase account. The last time I wrote a check out from my checking was in 2010, it was also the last time I touched my account. Fast forward to 2013 I received a check for $7 and some change from Chase Bank for a baking error on their part for some reason. Fast forward to 2017 I went to see how much money was in my Chase account because I haven’t used it in almost 7 years. I was told that I don’t have an account with Chase Bank and that I never had an… Read more »

    CHASE closed a Disabled Veterans business account without notice or cause!
    Guest
    CHASE closed a Disabled Veterans business account without notice or cause!

    I too was a victim of this crap by Chase. I had been a loyal partner with Chase for close to 2 decades being originally a Home Savings, Great Western and the like customer that was acquired by Chase. I am a disabled veteran that served two deployments and later started a staffing business that recruited and employed veterans transitioning out of the military. I had personal and business accounts with Chase and for 3 years I would transfer funds from my business account to a HR Payroll service for payroll of my employees. Typically in the range of $100K-$250K… Read more »

    Chase closed mine and my mother's account
    Guest
    Chase closed mine and my mother's account

    Chase closed my mother’s and my accts, because I told the asst manager that she did not know chase policies. I was a sign it on my mom’s acct and requested a copy of the bank statement. The asst manager refused. On that same day, I went to another chase location and obtained the statement without any problem.
    The asst manager retaliated against me by manipulating upper management and ABUSING her position.

    My Chase Nightmare from 2018
    Guest
    My Chase Nightmare from 2018

    Here’s my Chase nightmare. I was planning to move to Brooklyn, NY from Portland, OR. I deposited a cashier’s check from a local credit union (which I walked into a Chase branch) on June 1, 2018. This was so that I would have access to my funds in NYC when I moved there at the end of the month. Chase closed out the account the next business day on Mon. June 4, 2018 and refused to tell me why. They had my money for 18 days before they mailed me a check for the full amount, but it took another… Read more »

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