Stolen Money

[tuzzio]

State: Connecticut

I recieved a settlement when I turned 18. $350k was split among four accounts in my name. The accounts were in my lawyers name until I turned 18 and then they were signed to me. At the time I lived with my mother. She had access to all of my account information, and personal information. I moved out into my own apartment. Yesterday I went to the bank to check up on my account for the first time in a year. I never changed my adress so the statements were being sent to my mothers adress. I found out that every month, $10k was being transferred from my account to my mothers personal savings account via online banking transactions from the credit unions website, to a total of $130k. I never set up my online banking for that account, and it was obvious that she was stealing my money. I confronted her and she admitted that she had a drug problem and had been stealing my money for about a year now. I tried to access the online banking, but I don't know the password, security questions or anything, because I didn't set it up. What can I do now? Will I be able to get my money back? Are there any ways to prove that she took the money? Like tracing the IP adress to her personal computer? If I don't know the passwords or security questions then it's pretty obvious she was doing this. I know obvious doesn't translate to evidence, but the paperwork is all there. Can anyone point me in the right direction, give me a little bit of info so I know what I'm getting myself into?

The bank told me to go to the police, and I'm going to go to my lawyer on monday, but I just want some info now!

[Antigone*of*Greece]

Originally Posted by tuzzio

State: Connecticut

I recieved a settlement when I turned 18. $350k was split among four accounts in my name. The accounts were in my lawyers name until I turned 18 and then they were signed to me. At the time I lived with my mother. She had access to all of my account information, and personal information. I moved out into my own apartment. Yesterday I went to the bank to check up on my account for the first time in a year. I never changed my adress so the statements were being sent to my mothers account. I found out that every month, $10k was being transferred from my account to my mothers personal savings account via online banking transactions from the credit unions website, to a total of $130k. I never set up my online banking for that account, and it was obvious that she was stealing my money. I confronted her and she admitted that she had a drug problem and had been stealing my money for about a year now. I tried to access the online banking, but I don't know the password, security questions or anything, because I didn't set it up. What can I do now? Will I be able to get my money back? Are there any ways to prove that she took the money? Like tracing the IP adress to her personal computer? If I don't know the passwords or security questions then it's pretty obvious she was doing this. I know obvious doesn't translate to evidence, but the paperwork is all there. Can anyone point me in the right direction, give me a little bit of info so I know what I'm getting myself into?

The bank told me to go to the police, and I'm going to go to my lawyer on monday, but I just want some info now!

You will need to call your bank and cancel the online banking right away and report the fraudulent access and transfers to the bank. Then you will need to call the police and file a theft/ I'd theft.

I have to be honest with you, I don't think the bank can reimburse you because you allowed the theft to go on for so long. You might want to seek the adive of the attorney who set up your accounts.

[tuzzio]

Well that sucks, I understand where your coming from, who knows what they will do. I reported it as soon as I found out though, that has to count towards something. If the bank won't reimburse me, do you think I would have a chance in a personal lawsuit? Suing her and maybe she will be forced to liquidate some things in order to pay me back. She payed a lot of her mortage with my money, redid her house, big screen tv's, cabinets, floors, a new deck, and a new SUV, along with her drug habits. It just sucks because that money was going to be a down payment on a house in six months, and I go to check up on it and it's gone, and then they are going to tell me I should've known about it sooner and I'm going to have to take one for the team? I dont know about that...but thanks for the advice.