My wife and I went down to the Villiera Police Station on 31 December 2012 to lay a charge of against a family member at the time. This involved an Investment belonging to my mother who died a month before. I was the sole beneficiary of this investment which she had with Investec. We found proof of documents that this family member forged my mother's signature and requested that he'd be named sole beneficiary. Investec did not conduct a proper investigation or confirmation that my mother had changed this vital information on her investment. On the 13th of November our attorney wrote a letter to refrain Investec from paying any monies to this family member. They ignored this instruction and went ahead and paid out the investment money to this person who was under investigation. There were follow up letters to Investec, but until now no one could tell us why this instruction was ignored. I ask myself the question of how can such a reputable financial institution like Investec, ignored an instruction from a reputable attorneys firm and without any questions pay out such a large sum of money. How can I trust to invest my money with Investec after this ignorant behaviour?
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