In one of the most outrageous stories of bank conduct, WBNS – 10TV of Central Ohio is reporting how First National Bank wrongfully attempted to repossess a woman’s house, disposed of all her belongings, and refuses to compensate her.
Apparently, the bank was supposed to repossess the house across the street, but chose her house by mistake. They gained entry to the home and emptied it of all it’s contents (i.e. all of the homeowners personal and treasured belongings.) The only item she has gotten back was a basketball hoop, through no effort of the bank.
Now, because all her belongings are apparently gone beyond recovery, she simply wants to be compensated so she can replace what was taken from her. The bank refuses. The homeowner has presented the bank with an estimate of $18,000 to replace all her belongings, and the bank refused to pay. It seems the bank doesn’t want to pay what it costs to replace the items, they only want to pay a non-retail price. And while that’s the position of the bank president, he made no statement of how the homeowner can be expected to afford to replace her belongings if the bank doesn’t pay replacement value.
Typically, my articles concerning banks relate the common occurrence of consumers being victimized by unlawful bank practices. Writing about a woman victimized by a bank that she had no relationship with, however, is a new one.
Currently, a police investigation that began into the matter is closed. There appears to be no indications of any further investigation or criminal charges for trespassing or burglary.
Read the full story at the Ohio news channel website, WBNS-10TV.