Lynbrook, NY asked in Consumer Law, Contracts, Products Liability and Banking for New York

Q: Acorns withdrew 1,000. Unauthorized.

Acorns withdrew $1,000 from my checking account. Said it was a "one-time investment", but i never withdrew anything manually or agreed to anything. I need an explanation for this. There's nowhere in the terms & conditions that state that this would happen. Is there any legal action that i can take for this? This is interfering with my bills and other payments

1 Lawyer Answer
Michael David Siegel
Michael David Siegel
  • Business Law Lawyer
  • New York, NY
  • Licensed in New York

A: I do not know what Acorns is. But you need to make a fraud complaint with the bank ASAP, and make a police report. You need to block this auto debit with the bank. Getting it back is problematic.

1 user found this answer helpful

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