Americans’ Life Savings Disappear From Mexican Bank Accounts
Americans say money they had at Monex is gone and the bank isn’t helping them.
www.bloomberg.com
Same story that has happened in the US with Banks and Brokers...
The difference is the BAnk does not want to make people whole
SNIP
Monex, with $5.2 billion in assets and operations in the U.S., was woven into the lives of Machir and the 10,000 other Americans who’ve moved to San Miguel de Allende.
Bankers told some of them that about $40 million was missing from as many as 158 accounts, many belonging to English-speaking Americans. A dozen people interviewed by Bloomberg News say that bank statements Zavala sent them purporting to show full accounts were apparently falsified.
