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Can a bank confiscate your deposits? The War on Cash.
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<p>[QUOTE="galapac, post: 2216311, member: 73406"]I believe recently there was a 60 minutes episode (not sure) which described how in California banks were going into people's safe deposit boxes without notice to the owner, saying they were "abandoned" when they were in fact not. The owner of the SDB had no recourse and many of their possessions were sold by the banks.[/QUOTE]</p><p><br /></p>
[QUOTE="galapac, post: 2216311, member: 73406"]I believe recently there was a 60 minutes episode (not sure) which described how in California banks were going into people's safe deposit boxes without notice to the owner, saying they were "abandoned" when they were in fact not. The owner of the SDB had no recourse and many of their possessions were sold by the banks.[/QUOTE]
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