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Russ1725

09/03/15 5:00 PM

#30481 RE: Montecash #30479

I agree... Etrade is holding the funds because they are bullies who don't follow federal regulations.
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janice shell

09/03/15 5:01 PM

#30483 RE: Montecash #30479

But consider a scenario that actually has happened:

You have a winning ticket. You cash it in and deposit the money in your bank. But suddenly someone pops up saying there was an office pool, and the ticket was one of a number shared by several employees.

That someone, or perhaps someones, hires a lawyer. And your money ends up frozen until the dispute is resolved.