Legal Question in Wills and Trusts in Pennsylvania
In 1980, as a fifteen (15) year old, I was tricked into signing papers and defrauded of a bank account / bonds that were in my name. The defrauder has since died. Is the bank still liable for that stolen account?
Asked on 10/13/14, 10:23 am
1 Answer from Attorneys
No. Any statute of limitations ran a long time ago. You would have turned 18 in 1983. Why did you not do something after you turned 18?
And why exactly would the bank be liable here? The person who got the money was the defrauder who provided the bank with papers. You should have gone after the defrauder and bank.
Equity aids the vigilant, not those who slumber on their rights. You cannot sit around for 30 years and then decide you should have done something. There are no excuses for this.
Sorry but there aren't.
Answered on 10/13/14, 12:34 pm
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