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An Article
My $250,000 trust fund with UBS Bank has vanished

The Attorney General and United States Congress have refused to investigate this bank fraud

December 12, 2007

By Willowdean Vance (View author info)

Payson, Arizona -

The banking Industry is getting away with more crime than any outlaw holdup ever produced...and United States Congress has completely failed to investigate the banking fraud wiping out lifetime savings accounts like mine in the world's richest banks like "UBS" in Zurich, Switzerland, where my entire trust fund of $250,000 vanished after a UBS director insisted we sign a UBS power of attorney to him to open the trust purchased by Lester Wilken of Laguna Woods, California for my daughter Diane Morrison and myself, Willowdean Vance as trust fund gift in 1999.

The director in charge, Claude Ulmann did not respond to any questions, calls or mail. The UBS Board of Directors refused to investigate eben though that director handling our trust insisted we all him to fly from the UBS Bank in Zurich , Switzerland to Wilken's California USA home and sign a UBS power of attorney to him to handle the trust fund alone...

The UBS Bank Board refused to investigate the missing trust fund of $250,000 which left me, a World War Two 80 year old widow bankrupt and my 63 year old daughter, victim of Parkinson wiithout medical care needed because UBS Bank does not protect the clients who deposit funds in their bank or hold paid employees and directors accountable. They ignored the signed power of attorney, record of long distance calls, evidence their director insisted on flying direct to California, USA form Zurich and demanding we give him a power of attorney to handle the trust alone, even though our benefactor, Lester Wilken wanted to fly me to Zurich and open the trust at the bank in person.

I wondered why any foreign banker wanted to spend money flying to the USA at such expense for a $250,000 trust fund but theyknew Wilken was past the age of 90 years and did not have long to live anyway...and he opened the Zurich account only because he did not want any dollar of his estate to help the US invade another nation like Iraq, because he was opposed to war for any excuse by nay nation.

The Attorney General refused to investigate this bank fraud and the US Banking Committee in Congress has not responed so, I, a disabled world war two widow haveto accept the fact my daughter and I, a military vet family, have been robbed by the world's richest bank directors who took advantage of the fact our justice dept and attorney general do not investigate or prosecute bank thefts even though UBS has a corp office in New York city and offices in Texas, USA.
The question in this robbery is why are rich banks exempt from theft prosecution by insured bank directors while outsiders go to jail for petty theft...no defense.

If you cannot trust abank with your money who can you trust and why has congress closed it's eyes to bank theft. I learned about 405 of seniors in Florida ended up like me, robbed by bank trusts funds...they established for old age security. And the big question is why these banks can advertise in the Wall Street Journal for more victims and no one takes any protective action for this white collar inside theft the FBI doesn't even investigate.

Please help me learn why bankers can safely bank on stealing trust accounts while the law looks the other way ewven though bank directors are insured

Bank hold ups have been exploited by Hollywood as a national crime but bank directors do not use guns, run any risk, or face any action, except to line their pockets with depositor funds and leave the poor bank depositor outside looking in.

Moral of the story is, "Don't bank on banks and don't bank on law enforcement booking a bank director for theft...because my daughter and I contacted every law office dealing with crime to no avail, the only response was, "We will keep this in mind, " no assistance to refund or trace missing funds...under care of a bank director in the world's richest bank...using the slogan, "Your money is our money, " and the law is too dumb to realize they are telling the truth because they took our entire trust fund of $250,000 as their money, no warning, no notice etc, until we requested the trust fund be moved to Bank of America, USA. then learned the director already moved it to unknown sources for his benefit etc, without a trace ...except the travel records of his trip to Laguna Woods, California and copy of the UBS Power of Attorney etc.

I am under medical care from stress of this robbery but more important, I am in deep shock to learn our banking system is not insured against theft and depositors are at the mercy of the bank directors for power of attorney theft...with no legal office to turn to and no bank insurance to bank on.

 
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