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Railsbank Reviews

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BENJAMIN PYBURN

January 19, 2021 Source: Saasworthy.com
Railsbank lacks competence and moral ethics

I was recently scammed out of my life savings. The money was paid into a Railsbank account. I spent 2 days desperately trying to contact Railsbank via any means website, email, phone, twitter, instagram and facebook to offer valuable information concerning the criminals account. All I recieved was one automated Facebook message. In banking fraud situations like this response time is absolutely critical when trying to recover money and catch criminals. My bank and other authorities could be contacted for help within hours.

When I finally did get through to Railsbank I was fed crafted fluff piece on why Railsbank must wait to be contacted by another organisation before taking any action and they were disinterested in taking any information concerning the criminal’s RailBank account. This is not a protocol shared by all banks. Many banks will start taking action as soon as they know one of their accounts is being used for criminal activity. 

After researching and talking to other people it appears Railsbank has a reputation for being the chosen bank of scam artists. This is because they are almost impossible to contact and do not seem interested in fighting criminal fraud. As a bank you are complicit in a sophisticated scamming operation. I want to believe this is out of incompetence rather than malice. 

I would advise against any person with moral ethics using RailBank.

 

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