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CONSUMER WARNING - I just had money taken out of my bank account from the State Of California and I have no idea why.
self ^ | 10/5/2025 | Self

Posted on 10/05/2025 3:57:32 AM PDT by know.your.why

I wanted to let everyone know that the State of California is using some legal means to take money from bank accounts with no notice whatsoever. This just happened to me through Wells Fargo and I will be dealing with the matter after the weekend when their offices are open. Does anyone have experience with this? I lived in California over 10 years ago but I have no idea what this can possible be for.


TOPICS: Chit/Chat
KEYWORDS: california; legal; theft; vanity; wellsfargo
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To: know.your.why

Probably state income taxes.

I lived there and one year and didn’t have to file state taxes because I had no income (living off savings). However, since I had paid property taxes they inferred that I had income and sent me a bill for estimated taxes and notice that it would be taken from my bank account. Had to spend hours on the phone with state tax board and submit federal returns to stop the seizure.


61 posted on 10/05/2025 5:39:05 AM PDT by glorgau
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To: C210N

Deposits are liabilities not assets. the banks owe the depositors. loans are assets. the borrowers owe the bank.


62 posted on 10/05/2025 5:42:35 AM PDT by Strident (<Null_Table> . . . )
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To: Leaning Right

I had this happen with North Carolina. I moved in 2009. I got a few calls from a people claiming to be the NC Dept of Revenue saying I owed money and asked for a payment. In the day of scammers, I refused to give them any information over the phone and sometimes rudely told them it was very inappropriate for them to ask someone, unsolicited, over the phone.

Then, whammo, over $10k disappeared from my checking account. Wells Fargo gave me the documentation as to where it went…..NC Dept of Revenue. At least I then had contact info and an account number.

NC claimed I owed state income tax for the year 2010. Luckily I had solid proof that I moved in 2009. The money was returned. My complaint about doing this over the phone was answered with an excuse that they sent a letter first. The fact that I hadn’t lived there in years and the house was sold in 2009 didn’t register as common sense to the bozos at the NCDOR.

But, it was Wells Fargo.

EC


63 posted on 10/05/2025 5:42:52 AM PDT by Ex-Con777 (Leftists quote the Constitution like an atheist quotes the Bible)
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To: know.your.why

I guess you didn’t.


64 posted on 10/05/2025 5:42:58 AM PDT by 9YearLurker
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To: know.your.why

Do you pay your state local or federal taxes electronically or do you send in checks?

I think account access is different


65 posted on 10/05/2025 5:43:21 AM PDT by Chickensoup
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To: C210N
given that our bank deposits are assets of the bank

Not true at all, from a legal standpoint. Deposits are liabilities, loans are assets fro banks.

66 posted on 10/05/2025 5:48:01 AM PDT by PAR35
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To: A_perfect_lady

I can tell you how in CA.

It’s written into the law, but in CA I thought the retroactive applies only to companies. And the constitutionality of that is being contested.

Since this appears to have come out of the blue, I’m really wondering about identity theft.


67 posted on 10/05/2025 5:49:22 AM PDT by mewzilla (Swing away, Mr. President, swing away! 🇺🇸 🏴󠁧󠁢󠁥󠁮󠁧󠁿)
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To: normbal

Not what FDIC insured means.


68 posted on 10/05/2025 5:50:19 AM PDT by PAR35
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To: know.your.why

Dunno. But NYS demanded I pay income taxes and I’ve never been to the state, let alone worked there or did business there.

Very expensive to resolve.

They threatened to seize bank accounts, so instead money out in local banks and established trusts and some LLCs that made this not so easy.


69 posted on 10/05/2025 5:56:18 AM PDT by TheThirdRuffian (Orange is the new brown)
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To: A_perfect_lady
California likes to “revise” your state taxes years later, and send you a letter informing you that you owe them another few hundred dollars.

I did a quick search and regular filers only have to keep tax records for 4 years, 6 if you underpay by 25% or more(LOL). The business related look back is longer up to 12 years. What is odd with this one, is just came out of the blue after 10 years after he left CA.

70 posted on 10/05/2025 5:56:57 AM PDT by EVO X ( )
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To: know.your.why

Reparations. Are you White?


71 posted on 10/05/2025 6:01:11 AM PDT by PA-RIVER ( )
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To: normbal

Old Glory Bank is a micro bank:

Details on Capital

Stock Offerings: Old Glory Bank has actively raised capital by selling shares of its stock. In 2023, it sold shares for $10.44 million, and in 2024, it raised approximately $7 million and pursued a stock offering seeking up to $5 million.

Warrant Exercises: Warrants for Class B Common Stock have also been exercised, adding to the bank’s capital.
Crowdfunding: The holding company for Old Glory Bank is pursuing a Reg A+ crowdfunding campaign to raise up to $35 million, according to Kingscrowd.


72 posted on 10/05/2025 6:01:59 AM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
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To: know.your.why
It might be some scam having nothing to do with the state of California. It's best to just do what you said, which is contact Wells Fargo.

In fact, I would get a report in as soon as you can. WF should have a 24/7 fraud line.

73 posted on 10/05/2025 6:03:39 AM PDT by TwelveOfTwenty (Prayers for the US and President Trump)
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To: TheThirdRuffian

CA can tax you if the business has their HQ in CA and you do work for them from out of state. That doesn’t appear to be the case with this complaint.


74 posted on 10/05/2025 6:04:38 AM PDT by EVO X ( )
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To: know.your.why

You might see if you can get your local prosecutor or the Alabama attorney general interested. They might like to try to indict a California state official for theft. Might get some political mileage in parts of Alabama for that.

Meanwhile, as a practical matter, move your money out of the California based bank into someone more local. Leaving, of course, enough for outstanding obligations.

Hancock Whitney is a mid-sized bank with some Alabama locations.

First Horizon also is a mid-sized operation with some Alabama locations, but they’ve had some issues in recent years.

Truist Bank is a superregional with branches in Alabama.

There are likely some other truly local banks in the area, and credit unions as well; steer away from the national credit unions that Calfornia could get its teeth in.


75 posted on 10/05/2025 6:06:04 AM PDT by PAR35
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To: mewzilla
Since this appears to have come out of the blue, I’m really wondering about identity theft.

That's a good thought. If someone worked under my social security number, their income would have deductions assigned to my retirement. I haven't seen anything on my SS statements that showed income I didn't generate, but I'll check again.

76 posted on 10/05/2025 6:06:08 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: EVO X

There was zero nexxus like that in my instance. They just did it, and refused to back down. It was literally a shake down.

I ended up with 30k in legal and accounting fees, but paid NYS nothing.

It was like talking to a malicious wall.


77 posted on 10/05/2025 6:10:01 AM PDT by TheThirdRuffian (Orange is the new brown)
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To: TheThirdRuffian

Rush was hounded by NY for years after he left for Florida.


78 posted on 10/05/2025 6:20:40 AM PDT by EVO X ( )
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To: know.your.why
I was only there for 2-1/2 years.

Sounds like the California Franchise Tax Board estimated what income tax you owe for the remainder of the half year after you left and directed your bank to turn that over to them.

The California Franchise Tax Board has done this to military members who had been stationed there.

They know it's a scam and they have to return it but since there are no consequences to them, they try it.

79 posted on 10/05/2025 6:21:45 AM PDT by T.B. Yoits
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To: know.your.why

Unfortunately, you’re going to have to contact the taxing authority. Get as much specific info from your bank as to what entity it was paid to.

CA and NY are notorious for hounding people after they leave the state. Even if you think you did a clean exit, that does not preclude errors on their part. They could’ve been mailing things to your old CA address and the mail did not forward.

Switching banks will not help in the future for similar events. All banks automatically allow government entities to execute withdraws. They presume the gov knows what it’s doing and you deserve it. They are not a court that decides the case for you. The default is to side w/the gov, so to say.


80 posted on 10/05/2025 6:26:49 AM PDT by fruser1
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