Michael Boyd

Review of Charles Schwab and Co., Inc. (...

Schwab robbed me of $4000. I was accused by Schwa...

Schwab robbed me of $4000. I was accused by Schwab of placing charges on my debit card that I did not place. These were very large charges placed at WalMart and I was not in the habit of placing large charges on my card so these charges (one was for over $1000 and another over $1500) should have been flagged as suspicious right from the start. I go over my statement every month and when I saw the fraudulent charges I immediately called Schwab's fraud department. I went over every fraudulent charge and the investigator was rude and treated me like I was a crook. He called me three days later and told me in a very negative tone that it looked like I had placed the charges but that they would temporarily take the charges off my account. He was flat-out rude to me. I went to the local Police department and gave them a copy of my statement and they basically told me to "wait in line" as they have many cases like this to deal with every month. I called Schwab and gave them the police report number. About a month later Schwab charged my account the $4000 and basically accused me to attempting to defraud them!!!! Never invest or bank with Schwab! They are cheaters, stealers and liars and NOT TO BE TRUSTED!!! GO ELSEWHERE WITH YOUR MONEY! SCHWAB IS A BAD DEAL!!!