7 On Your Side helps small business in New Jersey unfreeze account

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Frozen Account News

Small Business,Irvington,New Jersey

This frozen check had a snowball effect. A family-owned contracting company in New Jersey deposited $23,000 they couldn't use. So, the business had to turn down work.

Stream New York's #1 news - Accuweather - original content 24/7We have all seen what a huge problem check fraud has become with banks cracking down, trying to combat check washing, and people stealing checks.

In construction, you need to get paid to get supplies for the next job. You have to pay your workers, but there were no new jobs because their funds were in the freezer. The Essex County couple doesn't know why the deposit made at the branch with a teller got flagged for unusual activity and restricted their account.

"The only thing I wanted to do was be an African American who has credibility with his business," Andre said.

 

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