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January 29, 2024

$4,000 mysteriously vanishes from man’s bank safe deposit box.

A man from West Allis, Wisconsin discovered that $4,000 was missing from his safe deposit box at Wells Fargo. The man had been using the box to store money for Christmas shopping and was shocked to find the lock on the box drilled out and the money gone when he went to retrieve it. The bank has not been able to provide an explanation for the missing money. The man reached out to Contact 6, a consumer advocacy team, for help, and after they contacted Wells Fargo, he received a full refund of $4,500 within a week. The bank apologized for the situation and stated that their correct process had not been followed, leading to the expedited refund. Safe deposit boxes are usually considered secure, but the contents are not insured by the FDIC.