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Embezzling from college fund??

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Jesca3001

Junior Member
Florida&Mississippi

I have recently become suspicious that money is being taken from my college fund, set up by my grandmother, and left to me after she passed. My uncle is the trustee of the account, and recently, a large amount of money has been withdrawn, which he said was for taxes on the account. the only problem is, this type of account is not taxable until money is withdrawn. After speaking to the stockbroker who handles the account, and after much needling, he eventually admitted that money had been withdrawn by my uncle, and he did not know where the money went after that. the trustee of the account can only take money out if it is to be used by myself or my brother for college. We have not recived a penny of this money, even after asking for $300 to pay for books for a course my brother is taking. what should our next move be?

[the account and trustee are located in Mississippi, my home state is Florida]

(i realize that i posted this in the financial forum too, but it seems like i will get answers in this forum faster)
 



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