JPMorgan Chase Freezes $102,914 Deposit, Blocks Customer's Accounts for Nearly Two Years
JPMorgan Chase Freezes $102,914 Deposit, Blocks Customer's Accounts for Nearly Two Years
JPMorgan Chase is under scrutiny after a report by NBC 5 Chicago revealed the bank froze a $102,914 deposit and subsequently blocked a customer's access to their accounts for almost two years. The incident began when Maria Mercedes Diaz Ortiz deposited a six-figure check—compensation awarded to Jose Maximiliano—leading to a prolonged dispute over the release of funds.
JPMorgan Chase is in the spotlight after freezing a deposited check and refusing to allow a couple to access their funds for nearly two years. It began when Jose Maximiliano’s wife Maria Mercedes Diaz Ortiz deposited a $102,914 check into her account, reports NBC 5 Chicago. The six-figure check was compensation awarded to Maximiliano following an undisclosed event. The bank's actions have led to significant inconvenience and financial hardship for the couple.