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Whistleblower wins 2015 lawsuit against Axos Financial, formerly Bank of Internet

May 18, 2022 10:22 PM ETAxos Financial, Inc. (AX)By: Joshua Fineman, SA News Editor6 Comments

Aerial view of Axos office building in University City, San Diego

Thomas De Wever/iStock Editorial via Getty Images

A whistleblower won a lawsuit against Axos Financial (NYSE:AX), formerly, known as Bank of Internet or BOFI, over allegations he made in a 2015 lawsuit.

Charles Matthew Erhart was awarded $1 million in

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Comments (6)

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Stay away from this bank... we refinanced with them .... took 4 months and now we can't get a human on the phone.... we are locked out of our online access, I keep using the username that we have had and they say they are going to text us a code and we never get it. Left a vm for Mr. Gaarbrants...we will see if he calls or cares. Stay away from this bank!
@Sunny Side , You think the CEO is the guy to try and contact?
About the fact that you forgot your password? Good luck out there.

I have used this bank for over 15 years. All my grown kids use this bank, and my parents. No issues. We get human's when we need them. The wait is less than 5 minutes, and the human is a USA citizen and not an idiot.
Beware of this bank. I retired from BofA and was a mortgage banker for a few years. We recently refinanced with Axos, it was my husband's choice, I was ill. It took 4 months and now we can't get a human on the phone. Stay away! Call
Quicken Loans.
@Sunny Side , You retired and you still have a mortgage? Maybe the phone problem is related to you. I never had an issue with it. You can also send an email (customerservice@axosbank.com and they will call you). If something doesn't work in life, then try something else - don't moan on a chat board. It works better.
@boris gudonov , You are right. Shameful that Erhart got a dime. He was just a 7 month employed plant installed for the 2015 short-selling hit job. Jury got suckered. Never got to hear anything about the real story behind Erhart and his data thefts (which always went straight to the short hit squad first).

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