THIS IS THE WEB SITE U.S.BANK DOESN'T WANT YOU TO SEE!!! MODS ~*~ (these are all (G) rated URL Address~ this it to help thoughs that have been fraud by U.S. Bank)
go to this link for the rest of the stories.... http://www.usbank-5starscrewed.0catch.com/US_Bank/US_Bank_Custox.html
The Harry Hocks Scandal: look at the November 24, 2001 link, and see how Firstar (now US Bank) allowed a sleazy car dealer to defraud them of millions of dollars. And think about how this bank responded; how it treated the customers caught in the middle of this fraud.
http://enquirer.com/editions/2001/11/24/loc_auto_dealer_accused.html
- The Business Version of the U.S. Bank Five Star Mess Up When Jerry Grundhofer's Star Bank took over Firstar (predecessor to the current US Bank), he immediately canceled data processing services that Firstar had been providing to community banks. This left the banks in a lurch, and scrambling to find alternate data processing service. A dozen or so community banks in Illinois filed suit against Firstar in US District Court, alleging breach of agreement and seeking a minimum of $ 900,000 in damages.
US BANK FIVE STAR Mess Up
In case you hadn't figured it out yet, this non-commercial gripe and consumer information site is not associated with, or condoned or otherwise sanctioned by USBank. In fact, they are doing everything they can to make this site disappear. If you really wanted to go the the official Web site for US Bank, they are at: www.usbank.com These are the opinions of former USbank Customers...
MY NIGHTMARE EXPERIENCE WITH U.S. BANK:
This is what it's all about. I started this Web site to relate to the world what US Bank did to me as a customer. Within days of launching the site, I received tons of feedback from people with their own USBank horror stories, and from folks directing us to information and links about how this bank has been conducting itself the past few years. So by default I guess this site has become the official US Bank gripe site: The central repository of information that U.S. Bank just as soon would NOT have you see. But please take the time to look over my story. It's almost unbelievable what they did to me, and what they might be capable of doing to you. A classic case of a Five Star MESS UP.
U.S. BANK EXPOSED - The USBancorp Hall of Shame Selling Your Private Information: Did you know that Jack Grundhofer's US Bank / USBancorp was selling confidential customer information to telemarketers (1998/1999: for $ 4 Million plus sales commissions) in apparent violation of both law and the bank's stated policy? Here are some links:
Government Lawsuits: http://www.ag.state.mn.us/consumer/Privacy/PR/pr_usbank_06091999.html http://www2.state.id.us/ag/newsrel/2000/pr_sep222000.htm Free Checking for Life? A class action lawsuit has been filed on behalf of those U.S. Bank customers enticed to become customers with a promise of "free checking for life". "Life" was apparently very short, because US Bank reneged on the promise and canceled the program, and customers began once again being charged monthly checking fees. U.S. Bank Employees Get Five Star MESS UP Too! You can tell a lot about a company (and how they'll treat you) from how they treat their employees. US Bank allegedly MESSED OVER a significant group of employees out of overtime pay. The US Department of Labor investigated, and USBank "agreed" to pay $ 3.8 Million in back pay to the affected workers. FRAUD Anyone? Better check this article out: From the Oregonian (Portland, OR), December 23, 2001. It tells of a ring of US Bank employees who allegedly engaged in FRAUD, and how USBank allegedly fired the people who uncovered the fraud, and then tried to cover up the extent of the fraudulent activity within the bank:
http://www.oregonlive.com/morenews/oregonian/index.ssf?/xml/story.ssf/html_standard.xsl?/base/news/ 10090257448400236.xml
Consumer Class Action Lawsuit: http://www.citypages.com/databank/21/1047/article9254.asp - SCANDALS, SCANDALS, SCANDALS! The Erpenbeck Scandal: Firstar (now US Bank) claims to have been defrauded of $ 16 Million or more when they allowed a prominent home builder (Erpenbeck) to divert customer payments to its own bank accounts.
But the plot thickens! One of the other defrauded banks is suing all parties that it thinks are responsible for allowing the fraud to happen. In a recently-filed lawsuit, the bank alleges that: (1) U.S. Bank (then Firstar) authorized Erpenbeck to serve as its agent and directly collect monies from customers at closings, (2) that USBank knew of the builder's financial problems, and, (3) that U.S. Bank knew that Erpenbeck was engaging in questionable transactions that could have a devastating effect on customers.
http://enquirer.com/editions/2002/09/28/fin_bank_knew.html
More information on this scandal in the "Found on the Message Boards" Section USBancorp - Piper Jaffray Under Seige: US Bank's brokerage and investment banking arm, USBancorp - Piper Jaffray, just seems to stumble into one scandal after another. Here are links to four (4) related articles about US Bancorp - Piper Jaffray scandals to get you started. Also, be sure to check out the "Found on the Message Boards" section for stories and information about USBancorp - Piper Jaffray. CONTACT US US Bank is one of three banks being sued by a prominent land investment company in Oregon. The suit alleges breach of contract, unjust enrichment, intentional intereference with business relationships, breach of fiduciary duty, and civil conspiracy. The plaintiffs are asking $ 86 Million for loss of profits.
Don't Stop Now! There's Still More Information to View Consumer Opinions and Ratings
Interesting and Relevant Links
Found on the Message Boards
Other Peoples' Stories & Complaints
A Brief History of US Bank Got A Beef with U.S. Bank ? EMBEZZLEMENT, EMBEZZLEMENT: WHO'S MINDING THE MONEY ? These links are to official law enforcement or court sites. Some of US Bank's employees sure seem to have been busy, but not necessarily watching out for your money. More on still other embezzlement scandals in the "Found on the Message Boards" section.
SUPPORT THE CAUSE!
You can help us get the word out about USBank / USBancorp (and maybe protect someone you know or love from being the next victim of the Five Star MESS UP):
Post our link (http://www.usbank-5starscrewed.0catch.com) to your Web site or Blog,
E-mail the link to everyone you think might be interested or potentially affected,
Suggest/submit our URL to your favorite search engine (help us get a higher search engine ranking, so more people will see this information),
Concerned or outraged? Let U.S. Bank know! December 2, 2002: USBancorp - Piper Jaffray was threatened with a fine of up to $ 60 Million by the Securities and Exchange Commission (SEC) for improperly retaining e-mail communication records: http://www.startribune.com/stories/535/3450951.html Why U.S. Bank Sucks: Check out this Website, with message board (lots of unhappy customer & employee stories!). Be sure to go to the "archives" and see the whole story of this family's U.S. Bank horror story, starting in May 2002. A classis example of Five Star Guaranteed Service! http://www.hill-kleerup.org/blog/mtarchive/001149.html = the latest information posted to this Website But they settled out today for a mere $ 1.65 Million. This is the Web Site U.S. Bank doesn't want you to see Found On The Message Boards - Disgruntled Customer Web Sites AND......
No Five Star Service For You If You're Black And Wearing Sunglasses! But the white guys in sunglasses still got served. U.S. Bank Racial Profiling?
http://www.registerguard.com/news/2002/12/12/3d.or.sunglassessuit.1212.html U.S. Bank / USBancorp: Customer & Employee Complaints; Abuses; Scandals; Fraud Disappearing USBank Deposits: The story, reported by a major Seattle TV station seattleinsiderkrotv. More stories of lost deposits and loan payments in the "found on the message boards" section. December 30, 2002: Still more trouble for USBancorp - Piper Jaffray. A combined multi-state and federal investigation into analyst conflict of interest resulted in a $ 32.5 Million fine against them. Lead investigators indicated that Piper Jaffray was one of the two worst offenders for issuing tainted investment recommendations for the purpose of attractingor retaining investment banking clients.
http://biz.yahoo.com/ft/021230/1039524042491_1.html This is not the end of Piper Jaffray's troubles though. An investigation is ongoing in Montana involving churning of customer investment accounts. Penalties in that case could potentially amount to $ 1 Billion. MORE
Are YOU next in line for a US Bank Five Star MESS UP? Bet none of the folks whose stories are posted here thought that they were at risk for being screwed either. A Five Star Guaranteed Arrest: US Bank screws up this guy's accounts, and then has him arrested when he protests and tries to fix the damage. And they apparently lay claim to $ 40,000 more than they are legitimately entitled to. http://www.usbank.cc YOU REALLY NEED TO GO TO THIS SITE IF YOU BANK AT U.S BBANK OR IF YOU ARE EVEN THINKING ABOUT GOING THERE. ~*~ THIS IS TRUE STUFF, I MY SELF GOLDUNICORNS IS FIGHTING WITH THEM AS WELL, SOME HOW THEY LOST 5 THOUSAND DOLLARS OF MINE AND HAVE NO IDEA WERE IT WENT. NORE DO THEY HAVE ANY RECORD THAT THE MONEY HAS LEFT MY ACCOUNT BUT YET ITS NOT THERE... AND THEY CANT FIND IT NORE WILL THEY PUT IT BACK OR CLAME IT WAS THERE FALT. SOME HOW THE MONEY I PUT IN THEIR IS LOST AND THAT IS MY FALT ~ HOW DEAR I TRUST THEM WITH MY MONEY! GOD IT'S NOT LIKE THERE A BANK OR ANYTHING....
~*~GOLDUNICORNS~*~
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