Who's Watching Your Money? Banks, Scams & Your 401(k)
Who's really watching your money? Rich Jacoby, founder of GoldenCrest Metals and a former LAPD officer, gives you the straight story on the banks holding your life savings, and on the retirement accounts you may not be watching closely enough.
In this episode:
Bank of America's $1.2 billion+ in penalties after admitting it willfully broke anti-money-laundering law, including the largest penalty in the OCC's history
A government report finding that all nine of the biggest U.S. banks had debanking policies, and what to do if your account gets closed
The Citizens Bank data breach, plus free ways…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.