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Fortune
Fortune
Chloe Taylor

A couple claims JPMorgan sold $10 million of their jewelry after drilling open a safety deposit box because they didn’t pay their rent

The JP Morgan Chase & Co. headquarters, The JP Morgan Chase Tower in Park Avenue, Midtown, Manhattan, New York. (Credit: Tim Clayton—Corbis/Getty Images)

JPMorgan is facing a lawsuit from a couple who are accusing the bank of improperly drilling open their safe deposit boxes and selling off millions of dollars’ worth of jewels and other personal property that was inside.

Jorge and Stella Araneta, who live in the Philippines but have an apartment in Manhattan, said JPMorgan sent bills for their safe deposit boxes to the wrong address, which led them to miss payments.

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