A viral post (2.3 million views) says a relative's Charles Schwab account was used to sell about $49,000 of stock on a Friday and to attempt a transfer to an outside account before Schwab froze the funds on Monday, and that Schwab told him he must have shared his password or been phished. A single customer account; no breach of Schwab's systems has been reported, and Schwab said this month it blocks AI agents that log in with customer passwords.
What to do: Turn on every Schwab alert, use the app approval or a security key for sign-in, and never share the login with any app or agent
Someone hacked my uncles Charles Schwab account and sold 49k of his stocks on Friday.
Why this score
Single unverified customer report; stays out of the index