TAMPA (CN) – Bank of America withdrew an unauthorized $80 million from Caribexpress’ account, causing the company’s money orders to bounce and its business to collapse, according to a lawsuit in Hillsborough County Court. Caribe Envio dba Caribexpress says it opened a bank account with Bank of America “for the purposes of selling money orders to Cuban exiles for remittances to Cuba.”
From August to November 2008, the bank allegedly submitted daily debit charges to the plaintiff’s account, including the massive $80 million unauthorized debit.
Caribe demands more than $1 million for the alleged damage to its reputation and exposure to lawsuits from former clients.
It is represented by Franklin Jara with The Saenz Law Firm.