I [24M] just received a tearful phone call from my mom that she had found out my father has taken out 75k in loans and emptied a significant amount of savings from their retirement accounts. She confronted him about it and he became extremely angry and defensive. This is completely out of character for my father who is the sweetest man, and we are both completely at a loss of why he would do such a thing. There have been some signs that he has been doing something like this. He asked me for a loan around 8 months ago to which I refused - I did not tell my mom about this until she called me today. My mom had an inclination something was the matter around the same time and moved some money into an account under her name - unfortunately she didn’t communicate this to me and the really is nothing significant. She is under the impression that the loans are for the business which he owns (which he claims is profitable) and he’s just trying to keep it afloat. I think it’s potentially for something more nefarious given this whole thing is completely out of character for my father and I feel like I don’t really know him anymore. I assured her I would take care of her and she should keep putting money aside in her second account. He recently ok’d her getting an $1000 dollar couch for the house they just bought 3 months ago which she immediately cancelled.
My mom is asking for advice as to what to do but honestly I have no idea. Please help.
Submitted October 01, 2019 at 08:38PM by quantik64 https://ift.tt/2paLUSM
