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Report: #74783

Complaint Review: The Northern Trust Company - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Townsned Delaware
  • Author Confirmed What's this?
  • Why?
  • The Northern Trust Company 50 South LaSalle Street Chicago, Illinois U.S.A.
  • Phone: 312-444-3786
  • Web:
  • Category: Banks

The Northern Trust Company Bank involved in complicated tax scam, to cheat me out of my money! Ripoff! Chicago Illinois

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I have several trust funds. I am paying taxes on one held at Northern Trust, and another held at West Michigan National bank. It turns out that I have been the victim of a complicated tax scheme and am have been forced to pay taxes on money I do not receive.

Northern Trust's employees: Carol Grant Opferman (the trust administrator) and Dan Reilly (the tax preparer) have lied to me repeatedly over the years. They have both told me that I am required to pay taxes on all trust earnings from one of the trusts held at Northern trust & another trust held at West Michigan, even though all the earnings are not distributed to me.

This creates a huge tax bill that is burdensome, and sometimes impossible to pay. According to the tax code this is not correct. I should not pay taxes on money I do not receive. I can not understand why Dan Reilly and Carol Grant Opferman have assisted my father in this tax scam by lying to me.

Jodi
Townsned, Delaware
U.S.A.



This report was posted on Ripoff Report on 12/11/2003 05:15 PM and is a permanent record located here: https://www.ripoffreport.com/reports/the-northern-trust-company/chicago-illinois-60675/the-northern-trust-company-bank-involved-in-complicated-tax-scam-to-cheat-me-out-of-my-mo-74783. 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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