Legal Question in Banking Law in Georgia

I recently had my bank accounts drained. I went to the bank and after further investigation found out that it was a family member that had done it. The bank wanted me to press charges but I declined and even signed a paper stating that I would not press charges nor would I hold them responsible for the lost money. Now almost 3 weeks later I get a call from the bank saying they received a letter from the Federal Government saying they would be doing an investigation and they would be calling me in the near future. I am wondering how they would have even known and I wonder why they would be investigating it because I do not want the person in question charged.


Asked on 5/10/12, 6:14 pm

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Now that you made youre bed, you have to lie in it. You have almost certainly guaranteed you won't see your money with what frankly was a foolish decision to protect a criminal. What you did not do is protect the family member. Banks still have to report fraud, and a prosecutor, and the bank, can prosecute regardless of whether you want them to.

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Answered on 5/10/12, 6:27 pm


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