Usacomplaints.com » Business & Finance » Complaint / Review: Bankchampaign N A - When is a Trustee NOT trustworthy?. #525734

Complaint / Review
Bankchampaign N A
When is a Trustee NOT trustworthy?

Bankchampaign came to me as a trustee for my parents Trust account. They had the sold me as the one to have. After two years, I learned that they had distributed much of my parents assets to major depositors and board members. I ask them to step down to which they finally agreed to "resign". Little did I realize that the Bank takes "their " resignation as a Termination of the account, to which they feel that they should pay themselves a very hefty sum of money! As to add insult to injury, they also took the opportunity to withhold an equally large sum of money for any legal action that I may bring forward.

Of course the bank has said that if I sign a global release holding them harmless of any wrong doing, they would return any legal fees that they have not used!

After nearly 9 years of trying to retrieve "my" inheritance, the battle continues since the bank has very deep pockets - thanks to our bailout money!

David VS. Goliath


Offender: Bankchampaign N A

Country: USA
Address: 1201 South Neil St
Phone: 2173512870
Site:

Category: Business & Finance

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