Comments on: VirtualBank http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/ The best nonsense on the web Sun, 23 Nov 2008 13:08:30 +0000 http://wordpress.org/?v=2.6.2 By: lspidell http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-7149 lspidell Wed, 03 Sep 2008 18:22:28 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-7149 Banks in general steal our money. I believe that is the meaning of the word bank. Why would virtual bank be any different. I would not be at all surprised to find out the Hawian bank has the money. Up here in Canada, we have a few major banks that literally rape us of our money, and the government is right there to back them up. These are the "Freedoms" we fight for. At least you have options for your banking in the good ole USA! Banks in general steal our money. I believe that is the meaning of the word bank. Why would virtual bank be any different. I would not be at all surprised to find out the Hawian bank has the money.

Up here in Canada, we have a few major banks that literally rape us of our money, and the government is right there to back them up. These are the “Freedoms” we fight for.

At least you have options for your banking in the good ole USA!

]]> By: Topper http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-6771 Topper Sun, 06 Apr 2008 23:59:32 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-6771 Let's sue Virtualbank for the line of credit bull. Class action against these greedy idiots!!! Let’s sue Virtualbank for the line of credit bull. Class action against these greedy idiots!!!

]]> By: Topper http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-6770 Topper Sun, 06 Apr 2008 17:33:36 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-6770 class action against Virtualbank - California lawsuit alleging, among other things, that the bank did not properly disclose certain terms prtaining to ARM loans. I wish the Plaintiffs the best and hope it costs Virtualbank a lot of money to compensate these victims! Attorney for Plaintiffs' Lori E. Andrus (SBN 205816) Micha Star Liberty (SBN 215687) Jennie Lee Anderson (SBN 203586) ANDRUS LIBERTY & ANDERSON LLP 1438 Market Street San Francisco, CA 94102 Telephone: (415) 896-1000 Facsimile: (415) 896-2249 lori@libertylaw.com micha@libertylaw.com jennie@libertylaw.com Attorneys for Plaintiff and the Proposed Class class action against Virtualbank - California lawsuit alleging, among other things, that the bank did not properly disclose certain terms prtaining to ARM loans.

I wish the Plaintiffs the best and hope it costs Virtualbank a lot of money to compensate these victims!

Attorney for Plaintiffs’

Lori E. Andrus (SBN 205816)
Micha Star Liberty (SBN 215687)
Jennie Lee Anderson (SBN 203586)
ANDRUS LIBERTY & ANDERSON LLP
1438 Market Street
San Francisco, CA 94102
Telephone: (415) 896-1000
Facsimile: (415) 896-2249
lori@libertylaw.com
micha@libertylaw.com
jennie@libertylaw.com
Attorneys for Plaintiff and the Proposed Class

]]> By: Topper http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-6769 Topper Sun, 06 Apr 2008 16:40:52 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-6769 John - They now put a freeze on my line as well. I wrote and they responded with a boiler plate letter saying I would have to prove my homes value. I have a contract with these people and they are not holding up their end. They should have to prove to me that my home has lost so much value that my line is no longer within the ratios used when I obtained it. Customer service is terrible since they moved out of florida. They have a class action law suit filed against them in California about another issue. We should sue these bums to get their attention!!! John - They now put a freeze on my line as well. I wrote and they responded with a boiler plate letter saying I would have to prove my homes value.

I have a contract with these people and they are not holding up their end. They should have to prove to me that my home has lost so much value that my line is no longer within the ratios used when I obtained it.

Customer service is terrible since they moved out of florida.

They have a class action law suit filed against them in California about another issue.

We should sue these bums to get their attention!!!

]]> By: John http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-6744 John Fri, 28 Mar 2008 21:23:45 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-6744 I would not recommend them for a mortgage. I have a home equity line with them that they froze recently because they say my property value declined. I provided proof of the value remaining stable the same day I got the letter. I was anoyed because they froze it without notice and I had a check outstanding. I spoke to a supervisor who promised me she would review the information immediately and unfreze my credit line. She never called me back, even after I left several messages on her voice mail. I spoke to other reps and supervisors who promised to call me back, but alas, not. It has been 3 weeks and I have to find other financing to cover my NSF check. Ive never had an NSF check and have perfect credit. Now I have to pay fees incurred because of their action. The really don't care about thier customers nor the fact that they are causing hardship through their negligent actions. Since I haven't heard back from them, I am looking to see what legal recourse I might have. Is anyone else having this problem. If so, maybe we could get a class action law suit together. I would not recommend them for a mortgage. I have a home equity line with them that they froze recently because they say my property value declined. I provided proof of the value remaining stable the same day I got the letter. I was anoyed because they froze it without notice and I had a check outstanding.

I spoke to a supervisor who promised me she would review the information immediately and unfreze my credit line. She never called me back, even after I left several messages on her voice mail. I spoke to other reps and supervisors who promised to call me back, but alas, not.

It has been 3 weeks and I have to find other financing to cover my NSF check. Ive never had an NSF check and have perfect credit. Now I have to pay fees incurred because of their action. The really don’t care about thier customers nor the fact that they are causing hardship through their negligent actions.

Since I haven’t heard back from them, I am looking to see what legal recourse I might have. Is anyone else having this problem. If so, maybe we could get a class action law suit together.

]]> By: Topper http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-6516 Topper Thu, 24 Jan 2008 02:38:05 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-6516 I am having a problem with them right now with my home equity line of credit. They have made an error in calculating the balance and are stalling on solving their error. I would suggest to anyone considering them to instead go to a brick and mortar bank. I am having a problem with them right now with my home equity line of credit. They have made an error in calculating the balance and are stalling on solving their error.

I would suggest to anyone considering them to instead go to a brick and mortar bank.

]]> By: Tom Mazzo http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-2174 Tom Mazzo Sat, 31 Mar 2007 15:07:41 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-2174 I have been having a problem with VirtualBank. My checking on line statement does not always show the correct balances if you take the prior balance and add/subtract the next transaction. My calls to VirtualBank were treated as an anoyance and I was not allowed to speak with the COO or the CFO or anyone higher then the manager. I was told that there were other transactions in the works (and not shown on the statement) that the running balance showed and to check back in a couple of days. When I complained that this did not work for the CUSTOMERS, I was told, this is the way WE do it and dismissed. I have been unable to find CEO, CFO or any of Board of Director e-mail address. Although I have loved VirtualBank for years, and recommended it to numerous people, I DO NOT RECOMMEND DOING BUSINESS WITH VirtualBank. I have been having a problem with VirtualBank.

My checking on line statement does not always show the correct balances if you take the prior balance and add/subtract the next transaction.

My calls to VirtualBank were treated as an anoyance and I was not allowed to speak with the COO or the CFO or anyone higher then the manager. I was told that there were other transactions in the works (and not shown on the statement) that the running balance showed and to check back in a couple of days.

When I complained that this did not work for the CUSTOMERS, I was told, this is the way WE do it and dismissed.

I have been unable to find CEO, CFO or any of Board of Director e-mail address.

Although I have loved VirtualBank for years, and recommended it to numerous people, I DO NOT RECOMMEND DOING BUSINESS WITH VirtualBank.

]]> By: lynn http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-1820 lynn Sun, 25 Mar 2007 03:50:43 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-1820 To Shelly VirtualBank is a Federally regulated institution. They are not required to follow state laws. They are required to follow Federal Predatory Lending guidelines which differ greatly from state guidelines. Make sure you tell your attorney that before he takes your money for a retainer! To Shelly

VirtualBank is a Federally regulated institution. They are not required to follow state laws. They are required to follow Federal Predatory Lending guidelines which differ greatly from state guidelines.

Make sure you tell your attorney that before he takes your money for a retainer!

]]> By: shelly http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-714 shelly Mon, 15 Jan 2007 20:43:20 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-714 I am currently involved with Virtual Bank in a mortgage I am researching to see if it violates the Massachusetts Predatory Home Loan chapter. If it does , I will find a qualified attorney to recoup my damages. Stay away from them. They are quick to change their rates and put you into a negative amortization situation....in less than 1 month after closing..... I am researching my other options quickly to get away from them....with a $15k penalty, I might ad....they are crooks. I am currently involved with Virtual Bank in a mortgage I am researching to see if it violates the Massachusetts Predatory Home Loan chapter. If it does , I will find a qualified attorney to recoup my damages. Stay away from them. They are quick to change their rates and put you into a negative amortization situation….in less than 1 month after closing….. I am researching my other options quickly to get away from them….with a $15k penalty, I might ad….they are crooks.

]]> By: Hari http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-460 Hari Fri, 17 Nov 2006 03:02:28 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-460 Has anyone had a mortgage with virtual Bank. I am planning on having one and wanted advice if some one had experience. Thanks Has anyone had a mortgage with virtual Bank. I am planning on having one and wanted advice if some one had experience. Thanks

]]> By: Cheri http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-424 Cheri Sun, 12 Nov 2006 01:17:32 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-424 Jennifer, please elaborate. I am considering a mortgage with Virtualbank. I have heard good things about them (as wells as bad). Jennifer, please elaborate. I am considering a mortgage with Virtualbank. I have heard good things about them (as wells as bad).

]]> By: Jennifer http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-409 Jennifer Wed, 08 Nov 2006 21:33:20 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-409 I as well, am being scammed right now!!!!!!!!!!!!!! I as well, am being scammed right now!!!!!!!!!!!!!!

]]> By: John W http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-231 John W Sat, 09 Sep 2006 03:02:48 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-231 I would only want to put virtual money into a bank called virtual bank. That way if anything happens all you would loose is virtually nothing. :-) Reminds me of that old latin saying, caveat emptor. But hey, none of us are perfect. Thanks for the warning. I would only want to put virtual money into a bank called virtual bank. That way if anything happens all you would loose is virtually nothing. :-)

Reminds me of that old latin saying, caveat emptor.
But hey, none of us are perfect.

Thanks for the warning.

]]> By: Jerry Kelley http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-153 Jerry Kelley Wed, 19 Jul 2006 15:00:33 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-153 Because of Virtuals high savings I was going to open a savings that was paying over 5% Now that I see so many complaints<i></i> Because of Virtuals high savings I was going to open a savings that was paying over 5% Now that I see so many complaints

]]> By: Michael http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-69 Michael Fri, 26 May 2006 13:20:23 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-69 I'm thinking about a mortgage with Virtual Bank. The rates are excellent -- but there will be lots of money at stake. Has anyone out there gone this route? I’m thinking about a mortgage with Virtual Bank. The rates are excellent — but there will be lots of money at stake. Has anyone out there gone this route?

]]> By: Dave http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-31 Dave Tue, 04 Apr 2006 17:06:21 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-31 Had me concerned/worried for a while. Glad to know it turned out OK Had me concerned/worried for a while. Glad to know it turned out OK

]]> By: Jackie http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-29 Jackie Sat, 11 Mar 2006 04:56:07 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-29 Glad to have read that you've got your deposit back. Money can either put a grin on people's face or a cringe on their sanity. The later is more commonplace, unfortunately. I hope all is swell. -Jackie Glad to have read that you’ve got your deposit back.
Money can either put a grin on people’s face or a cringe on their sanity. The later is more commonplace, unfortunately. I hope all is swell.

-Jackie

]]> By: Deb A. http://www.keakaj.com/memails/2006/02/10/virtualbank-scam/#comment-22 Deb A. Sat, 25 Feb 2006 20:36:15 +0000 http://www.keakaj.com/memails/2006/02/03/virtualbank-scam/#comment-22 Interesting! Thanks, you convinced me not to try them. -Deb Interesting! Thanks, you convinced me not to try them.
-Deb

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