Wednesday 24 August 2011

Finance For Dummies

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finance for dummies
life insurance w.o my permission...lawsuit?

i have a friend who has recently fallen on hard times. she stole 1300 from my wachovia checking acct to finance a series of dummy insurance policies for the sake of gaining a sizeable commision. two of her dummy policies include both my son and i. she also has policies on two of our mutual friends and her cousin and her cousin's son...all without our permission. the reason she has all our information is bc when she started at New york Life, we all opened insurance policies to support her. all the policies were legit. not too soon after, we all had the same issue: unauthorized amounts were being deducted from our accounts resulting in multiple nsf fees. when we complained, she played dumb. i cancelled my acct and had to ppen a new checking acct bc the unauthorized drafts wouldnt stop. do we have grounds for a class action lawsuit?


Not enough people involved to meet the definition of a class action lawsuit.

And, obviously, what she's done is criminal, rather than personal injury. Stealing and forgery. You don't actually have any monetary loss besides your stolen money and bounced check fees.

Anyway, you need to file police reports - all of you - and report her to your state insurance department's website - the fraud unit - and file complaints with the company she works for.


personal finance for dummies









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