January 31, 2010

- Question: Where is it?
Dear Mrs. Figgins:
My sister’s husband died a couple of years ago in Iraq. She’s been raising their three kids ( 2 boys, 1 girl) and doing an incredible job.
It’s been a huge struggle financially for her but her faith keeps her buoyed, and she is truly a wonderful human being.
A couple of “financial advisor” friends held a fundraiser for the 3 kids college fund. The proceeds were to be put in trust.
Thanks to many wonderful folks the event was a success.
That was the last any of us heard of what has happened to the money.
My sister doesn’t need any more worries, but friends and family don’t want to let this go on indefinitely without addressing the matter.
What can we do?
Margaret
Dear Margaret:
All of you have the right to know what is happening with the money that was raised.
If this money has been used for anything other than it’s intended purpose, it may be considered fraud or embezzlement.
It’s imperative that you get an accurate accounting.
My advice is that you get a referral to a good lawyer.
Mrs. Figgins
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