What to do with my 20 yrs old who took money out of my account?

Question

My daughter has snuck money out of my checking accoung.

I logged on to internet banking to discover a bank debit for $60. I am so close to over drawing right now I am in a panic.

I called the insurance company to find out my daughter had taken money out of my checking account on line and paid her insurance. Very sly I might add. She figured this out when I paid 1 insurance payment for her about a year ago, so without asking, used the convenience again.

I told her off and am probably going to have to dispute the funds at the bank according to the bank manager. I didnt even know she could pull a prank like this and wonder what else she has done.

How would you handle her?

Answer 1

The best thing to do is close the checking account and reopen it at a different bank.  Request your free credit reports from annualcreditreport.com or call them toll free @ 1-877-322-8228 for all 3 free reports. If there is something on the reports you're not aware of dispute it immediately. You can also put the account on fraud alert through Trans Union Fraud Dept. Their toll free 1-800-680-7289. They will notify the other 2 bureaus for you and has to be renewed every 90 days. If she only got you for $60.00 you're lucky. We have a son who said he needed money for a car and living expenses. We just found out he was using the money for gambling and he never bought a car. In 6 months, he cost us $20,000

Answer 2

You learned a $60 lesson.

Change passwords.  Don't pay her accounts with your accounts ever again.

Consider it close to the amounts of all the fees disputing $60.

Good thing it wasn't $1600

Answer 3

Secure all your accounts. Confront your daughter about what she did. You do need to check with the credit reporting bureaus and put a freeze on your accts. to make sure that she is not opening accts. (credit cards, etc.) under your name that you are unaware of until it's too late. Protect yourself, she already has your SS#, change accts and be careful. She needs to understand that it was wrong and if she continues that you will have no choice but to arrest her for theft, fraud, etc. Make sure she understands the seriousness of the situation. Upset you should be but learn from it and don't let it happen again.

Answer 4

The bank isn't going to allow you to dispute this.

Your daughter has your password, they will view this as consent.  The IRS is going to view this as a gift.

Obviously, change your password.

Your daughter, like anyone else, shouldn't have access to both your bank account number and your SSN.

Answer 5

I would call the police.  That's the only way you can assure it will never happen again.

Answer 6

First off take her car from her for a month, and let her take the bus. I know it seems harsh, but you need to make a stand in this, period!! what she did is stealing, plain and simple, and she has put you in an awkward situation because of it.

also she can pay any bank fees you incur because of her indiscretion.

since it was an online transaction it will tough to dispute, but they may wave any, fees if you explain. then immediately change all your passwords to your accounts, and keep them hidden in a safe place.

Be strong!!