I have already filled a scam/fraud report on Earth Trade Company. See my post of 10/21 for Earth Trade. I feel Bank of America may also be part of the scam/fraud. When hired by this so called Earth Trade Company for the 1st 30 days I was to use my credit card to make purchases on their behalf. Earth Trade was to immediately
reimburse me monies which they did. I never supplied them my credit card info they gave me their bank info to make the payments to my credit card. Since I was new to this company I was very Leary and want to make sure all my bases where covered. I made the purchases and Earth Trade seemed to pay me immediately. Once the credit from them posted to my account is when Bank of America comes into play. Before I turned over the purchases to Earth Trade customers I call Bank of America to verify that funds where available and that the monies were cleared and in my account. I specifically asked if there was any way that Earth trade could take the money back. The rep at Bank of America specifically stated that the funds where there posted, verified and good and there was no way Earth Trade could take back the funds in anyway so I shipped the merchandise. I did this three times calling the bank each and every time to verify funds being told the same story. 10 days later the money was returned NSF. When I called the bank screaming they told me they never stated that and payments take 7 to 10 business days to clear. They pretty much called me a liar. They described it as a catch 22. They claim they post the monies to peoples account so they can continue to use there cards but the monies really are there till 7 to 10 days. The bank refuses to help me in anyway and because of my conversations with them I shipped out the merchandise as well so I am out the money and the merchandise. I had no choice but to pay the bank so my credit would not be destroyed and finance charges would not accumulate. Watch out for Bank of America they don't provide customers accurate information and definitely don't stand behind wrong doings. They should have handle this like it was a Fraud/Scam case like it really is.
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