NeedHelpInCo
Junior Member
What is the name of your state (only U.S. law)? Colorado
I've been divorced since 2004 and just found out that in January of 2000 my then husband opened a stock account in my name without my knowledge. He forged my name on the documents, transferred stock in the amount of $15,000 and had all statements sent to his office. If I recall, the stock had increased in value significantly since he purchased it in 1999 and I recall him transferring shares to his father, mother, brother etc. I believe now to avoid the capital gains and I would bet without their consent either. When I contacted the brokerage firm last month and informed them that I was never aware of this account until now and I asked them to send me the documents used to open the account. They also informed me that he did the same under our minor daughter's name. When I received the documents, I could tell that my signature had been forged and it is definitely my ex-husband's writing. I called them back and told them it was a forgery. Their response to me was "well, it is junk stock now only worth about $28 so you should be happy and take the capital loss". The point is, I don't want to take the capital loss. It is not my account. I filed bankruptcy in 2002 and did not list this asset since I was unaware of it. Then, during our divorce in 2004 I did not list this asset since I was unaware of it. What can I do? The brokerage firm opened an account in my name without any credentials from me and without contacting me. They sent forms to my ex-husband at his office, and my ex-husband forged my name. What recourse do I have?
I've been divorced since 2004 and just found out that in January of 2000 my then husband opened a stock account in my name without my knowledge. He forged my name on the documents, transferred stock in the amount of $15,000 and had all statements sent to his office. If I recall, the stock had increased in value significantly since he purchased it in 1999 and I recall him transferring shares to his father, mother, brother etc. I believe now to avoid the capital gains and I would bet without their consent either. When I contacted the brokerage firm last month and informed them that I was never aware of this account until now and I asked them to send me the documents used to open the account. They also informed me that he did the same under our minor daughter's name. When I received the documents, I could tell that my signature had been forged and it is definitely my ex-husband's writing. I called them back and told them it was a forgery. Their response to me was "well, it is junk stock now only worth about $28 so you should be happy and take the capital loss". The point is, I don't want to take the capital loss. It is not my account. I filed bankruptcy in 2002 and did not list this asset since I was unaware of it. Then, during our divorce in 2004 I did not list this asset since I was unaware of it. What can I do? The brokerage firm opened an account in my name without any credentials from me and without contacting me. They sent forms to my ex-husband at his office, and my ex-husband forged my name. What recourse do I have?
