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Report: #944837

Complaint Review: etrade - Jersey City New Jersey

  • Submitted:
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  • Reported By: rs — Chesterton Indiana United States of America
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  • etrade 501 Plaza II Jersey City, New Jersey United States of America

etrade e*trade Be careful when sending email to etrade Jersey City, New Jersey

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It all started when I sent an email inquiry in to etrade asking how to remove someone from your account.  I have a joint account and my wife and I are splitting up and I wanted to know what the procedures were.  I DID NOT say that I have filed for divorce, but it was deemed that this was a divorce situation and ALL of my accounts have been frozen.

I still have not filed for divorce, but based on this email inquiry, everything has been frozen "to protect the account holders".  Instead of reasonably removing these restrictions from my account, I was told that I needed to provide a notarized letter from my wife stating that I am able to use the accounts, transfer money, or liquidate them, which we obtained.  My wife is in Louisiana at present and I am in Chicago.  She emailed the notarized document to me.  

I took it to the local etrade branch only to be told that they don't do any processing on site and that it would need to be sent off.  I was then told that they required the original document in order to process the request and that it needed to ultimately get to the Jersey City office.

I had called etrade about a week ago to inquire about an alert on my trading account.  I was told that it was due to my inquiry.  I'm still floored that such action was taken without consent by either or both parties.  I was also told that ONLY my trading account would be affected.  I wasn't too worried about that, but when I tried to make a transfer to another financial institution (also a joint account that the same inquiry was sent to, but no restrictions were added to my accounts), it failed, also.

I desperately need the money in this account and am left stranded and am not sure how to proceed.  I'm to the point where I am contacting attorneys and trying to get legal advice about suing for damages, lost wages, etc.

This report was posted on Ripoff Report on 09/21/2012 03:42 PM and is a permanent record located here: https://www.ripoffreport.com/reports/etrade/jersey-city-new-jersey-07311/etrade-etrade-be-careful-when-sending-email-to-etrade-jersey-city-new-jersey-944837. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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