Couple accuses JPMorgan of drilling open safe deposit boxes.

1 min read
Source: Business Insider
Couple accuses JPMorgan of drilling open safe deposit boxes.
Photo: Business Insider
TL;DR Summary

A couple from the Philippines is suing JPMorgan Chase for allegedly selling $8 to $10 million worth of their valuables that were placed in the lender's safe deposit boxes in New York. The bank drilled open four of their safe deposit boxes after they failed to pay their rent, according to the complaint. The couple alleges that the bank sent the bills to the wrong address. JPMorgan sold the items for $552,700 in the early summer of 2020, per the complaint. The couple is seeking compensation for their valuables and the case is proceeding with negligence and other counts.

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