
A woman recently shared her ordeal with MarketWatch on how her ex-husband drained her life savings when they were married. He hacked her email, forged documents, and impersonated her to take over their joint account and silently transfer her business savings into his separate accounts using a PayPal account. The husband created the PayPal account for her but also took it over by changing the names and addresses. The bank was helpless during the divorce, but the situation became worse when she met with a major car accident and had to focus on her health for a while. She had been saving up in a pension fund and a money-market account, which pay interest on your deposits, thinking they would be safe. However, the husband forwarded statements and her PayPal details to his best friend's address and stole almost everything she had saved. The man didn't even spare her business Visa card.