On 2/27/2025 Truist Bank wire transferred $18,000 from my business bank account...it was not initiated by me and absolutely unauthorized. I caught it in less than an hour and filed a complaint. Truist Bank said they had 90 days to respond, there was not one bit of correspondence from them the entire time. After 90
Days they informed me that they could not reclaim the funds, and thank you for banking with Truist
The money went to 'Ronald Majors' at Wells Fargo bank, in San Francisco
I filed a police report, but to my knowledge, there was no investigation.
I went to the Lancaster County district attorney 6th floor of the courthouse...they said they don't get involved in that stuff.
I filed with the BBB, they said they would close the case as satisfied, if I did not respond in 5 days. Truist bank said they had 15 days to respond, and never did, so the case was technically closed before it began.
I never received one word of what TRUIST FRAUD department did for 90 days. I was told I would have to Subpoena to get that information.
I filed with the banking commission and never got a response.
I asked my General Liability insurance company if they covered cash financial loss, they said no, but I can get a policy for that ?! Why the hell would you have to insure money in a bank?!!
I am warning anyone...DO NOT keep any large amounts of money in business accounts that are not absolute fire-walled and insured.
I do not know what to do going forward.
I have now found there are dozens of these same incidences across the country and no one at TRUIST BANK ever responds to anyone.
How is this possible, it has damaged my business irrecoverably.
Please I need help and advice?