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Report: #1214449

Complaint Review: Hudson Valley Federal Credit Union - Poughkeepsie New York

  • Submitted:
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  • Reported By: Why do banks get away with theft? — California USA
  • Author Not Confirmed What's this?
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  • Hudson Valley Federal Credit Union Poughkeepsie, New York USA

Hudson Valley Federal Credit Union Set up Trust account so that Trustee could STEEL $100,000 from $184,000 trust before his mom died Poughkeepsie New York

*General Comment: trustee...

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Hudson Valley Federal Credit Union wrongly set up an account so that the trustee was able to siphon  off more than half the funds for 5 yrs before his mother died.  That's like giving bank robber keys to your safety deposit box.  How can that be okay?

The attorney we have has extreme CONFLICT OF INTEREST in that they represent HVFCU.ORG and are trying to brush it under the rug. I'm in CA and have slight disadvantage here... Anyone up for Justice? May Truth and Justice Reign!

This report was posted on Ripoff Report on 03/09/2015 02:42 PM and is a permanent record located here: https://www.ripoffreport.com/reports/hudson-valley-federal-credit-union/poughkeepsie-new-york/hudson-valley-federal-credit-union-set-up-trust-account-so-that-trustee-could-steel-100-1214449. 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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#1 General Comment

trustee...

AUTHOR: Tyg - (USA)

POSTED: Monday, March 09, 2015

 Sorry to say this but that IS what a trustees job IS!!!! To manage and USE. While Im sure YOU think it an injustice, how much of the money was ACTUALLY stolen and NOT USED for the bills and expenses that the trust was set up for. If YOU are just whining about the money YOU are not getting then get over it. After FIVE YEARS roughly 100k sounds right. That's ROUGHLY 20k a year. That's JUST ABOVE the general poverty line. So before YOU go on a rampage online make sure YOU are in the right and NOT reporting a fake situation. YOU could be causing issues where none need to be caused. If they do an investigation and find that the transactions are legit, then its YOU who pays. So just be careful.

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