We've all heard about banks being robbed, but did you know that your bank can rob you? Well, it actually can if you decide to deposit your money with a company who appears to act like a bank but it's not actually a bank. This is a major problem that everybody needs to be aware of to make sure they don't get scammed like all of the customers of Yotta bank did. Also I'm going to teach you how to verify your bank is FDIC insured to be certain, your money doesn't get lost or stolen. Need a Realtor? https://homeandmoney.com/michael/ ====== My Filming and Editing Equipment https://michaelbordenaro.com/my-youtube-gear/ ====== Save Money on Property Taxes FOREVER! https://bit.ly/4856mWG ====== Sign Up for My Email list and Get Weekly Video Updates in Your Inbox! https://bit.ly/MBreminders ====== Get Cash Back on ALL your Internet Purchases! https://www.rakuten.com/r/NIRVPL2?eeid=28187 ====== My Microphone (Lot of People Have Asked) https://amzn.to/3Mhs2oz Articles Mentioned in the Video https://apple.news/AB8MmnYODSCa6gbyRy-q-sg https://apple.news/AR1pA_7aFR1m1zwraEWW2iQ https://www.forbes.com/sites/zennonkapron/2024/11/08/what-the-yotta-saga-reveals-about-fintech-shortcomings/ https://apple.news/A7LTmAzd-RXecvcWfGjD6mg https://apple.news/AlzqAaTrNSxarPandYJZUiA FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :) DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.