Reported 2 days ago
A California bakery owner, Sarah Torres, faced financial turmoil when her business account was frozen due to a clerical error involving her Employer Identification Number (EIN). After depositing two government checks worth $212,853, she was unable to access her funds for over a month, threatening the survival of her bakery. Despite numerous attempts to resolve the issue with Bank of America, she encountered significant frustration. Eventually, after media intervention, the bank acknowledged the error and released her funds. This incident highlights the importance of maintaining accurate business records to avoid such complications.
Source: YAHOO