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JPMorgan Chase Loses $100,000 of Customer’s Cash and Jewelry, Denies Responsibility – Here’s What Happened To Her Priceless Possessions

by Alex Richardson
February 18, 2024
in Financeflux

A Florida school teacher says JPMorgan Chase turned a blind eye when the valuables inside her safety deposit box disappeared and then appeared on television in an auction.

Jenny Morsch says she went to open her Chase bank deposit box in Orlando, but for some reason, the key wouldn’t fit inside the lock, Inside Edition reports.

When the bank drilled open her deposit box, Morsch discovered that $100,000 worth of cash, gold coins, jewelry and priceless possessions were gone. When she confronted Chase Bank about the incident, Morsch said she was repeatedly shut down, and when she sued the financial giant, her case was thrown out.

“In that instant, all my items had disappeared…

I knew in my heart I was right, and no matter what I said, they didn’t believe me, they were adamant about their records, and I was adamant that they were wrong…

When you’re working against a huge corporation like that, and I don’t have access to the documents that might lead to them realizing that what I’m saying is true, it was, once again, devastating.” 

Three years later, Morsch saw a commercial on TV from the State of Florida advertising an auction for unclaimed property – and it turns out, her valuables were for sale.

After calling the number on her screen and getting in touch with government officials, Morsch was able to prove that the items being sold to the public were taken from her Chase deposit box years prior.

“I saw my diamond necklace go across the TV screen and I literally was shaking, I’m like ‘that’s my necklace, they have my necklace!”

I don’t think it took more than ten minutes or so, and they said ‘We have your items and we believe we have all of your items’ and I just broke down crying.” 

As it turns out, Chase had mistakenly marked her box as abandoned and decided not to reveal that information during litigation with Morsch’s lawyer.

Says Andres Beregovich, Morch’s lawyer,

“It does not take a legal scholar to realize that Chase concealed the truth in order to gain their benefit to win. They duped Jenny Morsch, they duped her legal team, they duped the courts.”

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