False Rumor Spread On WhatsApp Triggers Run On London Bank

Credit: Wochit Business
Published on May 13, 2019 - Duration: 00:41s

False Rumor Spread On WhatsApp Triggers Run On London Bank

In a scene that briefly resembled a Great Depression-style run on a bank, dozens of customers demanded their cash back from Metro Bank in London on Saturday.

According to Business Insider, the run on the bank came after reading false rumors on WhatsApp that the bank was going under.

The information was entirely false.

UK bank accounts are guaranteed by the Bank of England.

Metro Bank's stock dropped 9% Monday morning.

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False Rumor Spread On WhatsApp Triggers Run On London Bank

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