Mother Scams Daughter Out of $48K Trust Fund

A city welfare worker scammed her own daughter out of a $48,000 trust fund left by her late father, who was shot to death during a robbery in 2006. 

According to a new lawsuit, Vanessa Nieves, 21, learned late last year that her mother, Gloria Torres, tricked her into signing over the insurance money that she was supposed to receive at 18.  Torres convinced her daughter that the paperwork would simply freeze the account until she turned 21.  Nieves subsequently agreed to sign the papers because she wanted the money to pay for her education. 

When Nieves went to withdraw the funds from Chase Bank in December, she was told by a clerk that her mother had deposited the funds into her own account and closed her daughter’s account. 

See Julia Marsh, Mom Accused of Scamming Daughter Out of $48K Trust Fund, New York Post, Jan. 31, 2015.

Special thanks to Hani Sarji (Attorney, New York) for bringing this article to my attention.