Pensioner cheated by the Bank
By zandi458
@zandi458 (28102)
Malaysia
June 28, 2008 11:19am CST
A pensioner's fixed deposit of $300,000.00 was stolen by the bank. A bank? Yes, the place you think is the safest place to keep your money. This pensioner nearly died of shock when he was told that he had withdrawn all his money a year ago. His signature was forged. I have no doubt that some banks have white collard criminals in their employ who prey on aged customers. He has made a police report and sued the bank for theft and breach of trust, of which hearing will be this December. A sad happening but a lesson learned 'Do not put all your eggs in one basket".
3 people like this
8 responses
@CatsandDogs (13963)
• United States
30 Jun 08
Where did this happen at? The bank should have some type of insurance on their part to cover such things happening. I agree, he should sue and I hope he wins because he trusted them with his money whereas he could've kept it at home in a safe but that would be very dangerous too.
2 people like this
@zandi458 (28102)
• Malaysia
2 Jul 08
This is really happening and unfortunately it happens in my family. My father is a deceased now and it is left to my mom to handle the case as she is a joint owner of the account. Since the lawyer says the chances is good and if he wins the case it will be a windfall as this case happened in 1997.
1 person likes this
@cyberfluf (4996)
• Netherlands
29 Jun 08
How awfull! You can't even come to think how crooked and odd this is.
I opened a savingsaccount but I'm pretty shocked and should perhaps reconsider. However, having a lot of money in your home isn't save too so it's choosing between two bads...
@cyberfluf (4996)
• Netherlands
2 Jul 08
I did hear of little devices they stick in the ATM machine cardslot and they somehow manage to get your card without you knowing it and you type in your code and they register it. This is not something the bank does but still very tricky thing with the ATM machines which makes me wonder if I should use them :S
2 people like this
@zandi458 (28102)
• Malaysia
2 Jul 08
Saving accounts is no longer safe as the banks no longer uses pass book where they record transactions of money banked in and withdrawn. With pass book maybe it is still ok. Now the banks uses card to check transactions in the ATM machine. I don't thrust this ATM machine either.
1 person likes this
@irishidid (8688)
• United States
28 Jun 08
I left a bank when the teller stole $50.00 from my disabled daughter. After several phone calls, visits to the bank, and being ignored when I asked to see the records of the transaction she stole from, I took my money from all my accounts and went across the street to another bank. They told me they get a lot of the bank's customers and many have situations like mine.
2 people like this
@athurber (17)
• United States
28 Jun 08
I have never really thought that banks are the "safest" place to keep money. There are some banks and some people that work at those banks that I know I can trust with money, but I still keep a lot of cash that I earn at home in my safe place. The only thing bad about keeping it at home is that it doesn't gain interest. Banks are all about getting more customers and more money... It wouldn't surprise me if a bank employee does something like forge a signature.
@sweety_81 (2124)
• India
29 Jul 08
It is such a shocking fact !! You are right . We cannot even trust the banks fully now .
@maryrajam1962 (257)
• Malaysia
16 Jul 08
Very wicked of the bank to rob an elderly helpless person. If banks are not safe where can a person invest their hard earned money? I agree wth the saying "Do not put all your eggs in one basket". We should invest our money in several areas.
1 person likes this
