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Ripoff Report | People's Bank & Trust Review - Hazard, Kentucky
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Report: #138329

Complaint Review: People's Bank & Trust - Hazard Kentucky

  • Submitted:
  • Updated:
  • Reported By: Krypton Kentucky
  • Author Confirmed What's this?
  • Why?
  • People's Bank & Trust 524 Main Street Hazard, Kentucky U.S.A.
  • Phone: 606-436-2161
  • Web:
  • Category: Banks

People's Bank & Trust Stole money from my construction loan account Ripoff Hazard Kentucky

*Consumer Comment: A little confused are we? Your employer did not present this check to your bank, YOU did.

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I cashed, not deposited, my paycheck from my employer at People's Bank where I have a reg. checking account and a construction account from a loan. My employer's check bounced and was returned to People's Bank. The money to cover this check was taken from my construction loan account which my Father is a co-signer on. The payroll check was NOT linked to any of my accounts, was not deposited, only cashed. I did NOT write this check nor can I be held liable for it. This is nothing less than theft. Period. I will be seeking civil damages.

Ron
Krypton, Kentucky
U.S.A.

This report was posted on Ripoff Report on 04/11/2005 07:56 AM and is a permanent record located here: https://www.ripoffreport.com/reports/peoples-bank-trust/hazard-kentucky-41701/peoples-bank-trust-stole-money-from-my-construction-loan-account-ripoff-hazard-kentucky-138329. 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 Consumer Comment

A little confused are we? Your employer did not present this check to your bank, YOU did.

AUTHOR: James - (U.S.A.)

POSTED: Monday, April 11, 2005

Let's see. The bank cashed a clod check which you endorsed. When they couldn't collect on the check, what did you expect? That they would just eat the loss? Your employer did not present this check to your bank, YOU did. And yet you think that they are somehow at fault? Get a clue here Ron, your problem is not with the bank, it's with whoever wrote the original bad check. In other words, your boss.

Your bank correctly recouped the funds from YOU - it doesn't matter what account. And here's another guess. The reason it was taken from that account is that your checking account was so low that it didn't have the funds to cover the check either, right?

Civil penalties? You can't be serious! The only one you are entitled to collect from is your employer, not your bank. So, let's see you have the balls to demand payment from him, because that's who go you into this. When can we expect to see a ripoff report with HIS name listed?

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