IAT FRAUD
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Unknown IACH transaction on my checking account, it appears that from some of the previous posts dating back years this has been an ongoing problem with fraud? According to my bank it came from wells fargo, and shows up in my account transactions. I've messaged paypal but since it doesn't show up on my actual paypal acccount is there even anything they can do about it?
Also are they doing anything to mitigate fraudulent activity and stop things like this from happening? From what i've read, paypal just says to contact your bank, at which point the bank disputes and tells you to open a new account. All the while some **bleep** is out there trying to steal peoples money and likely getting away with it.
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Fraud & Phishing
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If its a Wells Fargo international bank transfer then where does paypal come into the equation?
Advice is voluntary.
Kudos / Solution appreciated.

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