re3886
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- Nov 17, 2008
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what is your point on the FDIC Insurance? Paraphrasing Wikipedia doesn't work very well when you don't know what you are talking about to begin with.
That is not off Wikipedia in any way shape or form. It's personal knowledge. It's called an education, look in to it.
The point is, idget, that fraud in the form of person to person is totally outside the area of coverage of the FDIC. Since you are to busy trying to flame everybody, I figured you made an simple mistake and tried to correct it without any intent at belittling you. Then you come back with some truly brainless attempt to do....I have no idea what. So, simple mistake became a simpleton's mistake.
Let's review: You implied that the FDIC has a firm limit on accounts of 250,000. Wrong, no limit exists other than common sense.
You also implied that the check come from Dasher's account. Wrong again, the check was from Boss's account, so any reference to doubting that Dasher has 250,000 in an account makes absolutely no sense.
You used the word fraud and the acronym FDIC together. Wrong yet again, local law enforcement and if money crosses state lines, the FBI if it is. The FDIC only guaranties that accounts will be paid back to the customer if the bank fails. No law enforcement is done by them.
Do you read the stuff you type?