Personal Finance πŸ“‘ r/personalfinance by r/personalfinance Β· Sat, Apr 4, 2026

Joint owner at Chase fell for a scam. Any recourse options?

I was on a joint savings account with my grandma to be able to help her pay her bills if something ever happened to her without having a power of attorney. Unfortunately, she fell for a romance scam. I was alerted of the first 20,000 she wired to the scammer, but she had a believable excuse so I let it go. She constantly shuffles money around her personal accounts and she said she was moving it for an investment. She was mad that chase alerted me, and proceeded to withdraw the rest of the money out of that account. She opened a new savings account in her name only and deposited that money into that new savings account. She proceeded to withdraw another 25,000 from her new sole savings account. Then a few weeks later another 15,000. She sent both of those withdrawals to the scammer vis something like Western Union I'm guessing. Chase froze all of the accounts in her name after that last 15,000 had been withdrawn. My personal accounts got frozen in the crossfire because she was listed as a joint owner on my accounts. We've since gotten my personal accounts unfrozen by removing her from my accounts as Chase no longer wishes to bank with her. I checked the documents from Chase, it says that both joint owners can choose to do whatever they want with the money in the joint account without the other's permission. Do I have any options on trying to recover any of this money or am I just out of luck? submitted by /u/immapikachu [link] [comments]

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