When Banks Attack !

Historically, The practice of hiding your money underneath the mattress is often linked to the Great Depression, when people hoarded cash due to the collapse of trust in banks and the fear of losing their savings.

With the onset of digital currency Crypto banking etc it hardly seems possible to imagine a time when that was necessary ....until now?

Lately many stories on how customers have been mistreated and in some cases outright robbed of their savings have been making the rounds on social media

Here is one such story

So this young lady had an issue with BMO  which is one of Canada's largest banks she had gone in there was an issue with a check fraudulent check she was trying to deal with the BMO they kicked her out she was videotaping ultimately, the end of her story was they ended up closing all her bank accounts, even though she was in the right. So it got me thinking of something that happened to my parents back three, four years ago.

Older people use safety deposit boxes. That's what older people did. My parents are in their early 90s and my mother put a significant, significant amount of cash into her safety deposit box and we had told her that she should go to the bank and take all that money out. She had gone to the bank with my dad. The bank manager went in with her to the safety deposit box and they found out that they had drilled my mother's box during the pandemic because they accused my mother of not paying rent on her safety deposit box. My mother had all the proof. It turns out the bank manager or the guy working at the bank had switched the numbers on the safety deposit box so my mother was paying rent on a different box which she didn't understand because she had the same safety deposit box for a long time. See the bamboozling? So they said to my mother, you weren't paying for the safety deposit box, so we drilled your box and took all the content out. But we have your envelope right here, but we need to jump through a bit of red tape first.

Well, that red tape lasted a year and a half. They told my mother she could not have the contents of that box because she couldn't prove it. My mother was able to prove exactly the amount of cash that was in there and some other items that were in there. The bank refused to give it to her. They told us we had to jump through hoops and go through the three levels of banking investigation. The bank investigates themselves, you know, like the government investigates themselves. So we had to hire a lawyer. We had to jump through the hoops. And of course, the bank investigated themselves and they weren't in the wrong. They did everything perfectly legal. They wouldn't give us video of the bank at the time. Banks were closed. This guy who ran the bank at the time was in there drilling all these safety deposit boxes. The bank literally cut my parents off completely. The manager would slam the door in my face when I would go there. So we jumped through the hoops. The bank said, we're not guilty. This is not your content.

So we had to go through an Ombudsman. An Ombudsman is an independent investigator. They used to be paid by the bank, but now they're not paid by the bank. The Ombudsman saw that there was something wrong, approached the bank but now they're not paid by the bank the Ombudsman saw that there was something wrong approached the bank now we're talking a year and a half later my parents are in shock older people trust the government they trust doctors they trust the world my mother trusted the bank enough that she put a significant amount of cash in her safety deposit box and when she did that, at the time, she would ask the manager for cash, and she'd go with him over to the safety deposit box. So they knew that cash was in there. Anyway, a year and a half later, the Ombudsman came forward and said, the bank is offering you one third of the content.

My parents were so worn out at the time, they have not left the house since this happened. It destroyed my parents. It destroyed them. That could have been their entire life savings that they needed for a senior's residence, for food, for rent, for everything. Bank took it all. The bank took it all and offered them one third of the money back. Sadly, my parents accepted against my sister and I's wishes. We wanted it to go to court. They didn't have the stamina in their 90s to go to court. The bank knew that. BMO. BMO did this to my parents.

Now, when I started investigating this online, I realized this happened to many people with safety deposit boxes. People were calling me when they heard my story through friends that it happened to their parents. And then when you go online and read this happens at other banks, this happens to a lot of people. So of course, I saw this girl's story this morning and it triggered me and I said, you know what, I'm going to use my platform to call out BMO. I didn't sign an NDA. I didn't sign shit. And I'm going to say whatever I want. And that's what BMO did to two 91 year old people. My best advice, do not use a safety deposit box. Do not put cash in there. If you put anything in there, take pictures, take video, do whatever it is. Do not tell anybody what you're putting in there and do not trust banks. Never trust banks because people at the bank do this. And we know who did this at my mother's bank and they were never punished. And my parents never got their money back. So, BMO, you should be ashamed of yourself, what you did to two seniors. It destroyed my parents' life.

Content Attribution : @Jennifersierzantnaturopath