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UPS Loses Inheritance Check for $846,000, Offers $32 and Apology

Image: UPS Loses Inheritance Check for $846,000, Offers $32 and Apology
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By    |   Friday, 15 December 2017 12:12 PM

The UPS lost an inheritance check for $846,000, part of a Canadian man’s share of an estate, and now he’s broke, except maybe for the $32 in mailing costs refunded with the parcel service’s apology.

Upon the death of his father, Louis Paul Herbert was expecting a package from his sister, Lorette Taylor, containing his share of inheritance in the form of a bank draft from TD Canada Trust, the New York Post reported.

However, the package never arrived at the local UPS store near Cornwall, Ontario.

"I'm waiting at the UPS store, around 3 p.m. because that's when they said the guys came in, nothing shows up," Herbert told CBC News.

"I came back in the evening. Nothing shows up… and I'm wondering 'What's happened to my inheritance?'"

Ten months later and TD Canada Trust has still not refunded the money and the only thing gained is an apology and $32 issued by UPS to pay for the mailing costs, Newsweek reported.

The debacle traces back to last February, when Taylor was advised by her local TD Canada Trust branch to disburse her brother’s inheritance through a bank draft.

Herbert, who lives about 270 miles away, decided to hire UPS to have the bank draft shipped to his nearby UPS store however, the delivery service somehow lost track of the parcel, Newsweek said.

When sending the bank draft, Taylor she signed an indemnity agreement that held her liable if the draft was illegally cashed. Now the bank is refusing to refund the money and has stipulated additional demands.

The agreement said that “if something happened to me, for example, my children and my heirs and my spouse and my executor would have to pay this debt," Taylor told CBC.

The bank then wanted to put a lien on Taylor’s home if the draft was cashed, but she refused.

"Never in my wildest imagination did I think something like this would happen,” she said, adding that there had been "many a night of lost sleep, and gnashing of teeth and anger. Frustration, unbelievable frustration."

According to Newsweek, Herbert has maxed out his credit cards while waiting.

“TD has the money,” he said, per Newsweek.

“The money is actually sitting in an account with TD. Nothing has been stolen. It’s there. That’s my inheritance,” he said, adding that if he had the cash, “I would have been retired.”

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The UPS lost an inheritance check for $846,000, part of a Canadian man’s share of an estate, and now he’s broke, except maybe for the $32 in mailing costs refunded with the parcel service’s apology.
ups, loses, inheritance, check
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2017-12-15
Friday, 15 December 2017 12:12 PM
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