In Trust

You can also start an informal, in-trust account for a child. ❋ Shirley Won (2011)

The Royal Bank of Canada knew disgraced Montreal financial adviser Earl Jones was using his personal account for business and passing it off as an in-trust account, The Fifth Estate has learned. ❋ Unknown (2010)

RBC acknowledged that Jones 'in-trust account, opened some 25 years ago, was operated as a personal account. ❋ Unknown (2010)

The suit seeks the full amount that was deposited in the in-trust account between 1981 and ❋ Unknown (2010)

It also alleges that the bank knew as early as 2001 that the account was being used for business purposes and that the "in-trust" status had no meaning. ❋ Unknown (2010)

It added in the statement that in-trust accounts don't have any special status or restrictions. ❋ Unknown (2010)

"Banks do not monitor the transaction activity of an in-trust account differently from any other type of personal or business account," RBC said. ❋ Unknown (2010)

The victims are seeking the authorization of a Quebec judge for the class action suit, which claims millions of dollars invested by former clients went through an "in-trust" account that in fact was a personal bank account belonging to Jones. ❋ Unknown (2010)

Web sites practice so-called click fraud by running ... financial adviser Earl Jones was using his personal account for business and passing it off as an in-trust account, The Fifth financial adviser Earl Jones was using his personal account for ❋ Unknown (2010)

"They did not act in a prudent, vigilant or reasonable manner in the operation of this in-trust account," said committee spokesman Joey Davis, in reference to the bank. ❋ Unknown (2010)

The suit claims millions of dollars invested by former clients went through an "in-trust" account that in fact was a personal bank account belonging to Jones. ❋ Unknown (2010)