Dear Kathy Kristof and Andrea Hang @latimes.com

Your article on the IndyMac Failure was excellent. I am a victim of that failure as they siezed 5 of my accounts at Indymac, Savings, Checking, and 3 Certificate of Deposits totalling $145,000.00 because they claimed that all of them were listed as Trust Accounts with my niece (who is also my Executrix) is not eligible for insurance. One of the accounts with $25,000 was not a normal Living Trust Account, but apparently IndyMac had entered ITF (In Trust For) and again my niece was noted as my beneficiary. I have no children of my own and am 83 years of age and I am entrusting my very close and beloved niece to take care of my finances for distribution according to my will. This is not a normal Living Trust, but the FDIC grabbed it anyway. I was the sole owner of the CD.

I was misinformed hy IndyMac as to the Insurance and they never gave me a circular or explained the Living Trust Consequences to me or the fact that my niece would not be covered. Come to find out, they didn’t know themselves, in fact they solicited my investing in CD’s claiming they were offering good rates.

It seems to me that the Directors or the FDIC have a responsibility to train their tellers and employees about such matters in order to advise and protect their depositors. As a result, I have been victimized. CDIC is refusing to give me back my own monies of almost $22,000.00 which I was saving for my elder years almost $22,000.00 of my life. I am also in poor health being t reated for Lmphoma Cancer with Chemotheropy and I also have Diabetes which blinded me in my left eye. Can you help by telling me what I can do to retrieve my funds? I have talked to FDIC with quite a few of their claim agents, but to no avail. They all state that they have no authority to step outside their rules. Is there any help out there for victims like me that have been unjustly misled and had monies confiscated from their life savings???. I really would appreciate your input and am really desperate and devastated.
Please do reply to my inquiry. Thanking you in advance.

Amelia Monsour (323) 466-7498 e mail: ameliamo@sbcglobal.net