I'm a victim of WAMU's ATM deposit and debit card scam. I understand that this is how they get their money but in less then 3 weeks Wamu has really made life a living hell. This happens on the weekend, since on Monday they do the numbers for the weekend.
Here is how the ATM scam works, below are numbers which are for sample only:
Lets say you have $200.00 in your Wamu checking account. On Saturday morning you make a transaction of $25.00, that afternoon another for $25.00, and on Sunday morning another for $10.00. You should be left with $140.00. Sunday afternoon you go shopping and spend $145.00 and make a tranfer of funds for $40. But if Wamu sees a large some of $145.00 they will posted it after all your previous three transactions, leaving the consumer with a negetive balance, and charging the consumer 3 overdraft payments. They are making millions in overdraft fees using the higher sum to the lower sum scam.
Thank you
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