By Jim Weiker – Feb 17 2021
Read on dispatch.com
Beverley Schottenstein isn’t exactly sure when she suspected her grandsons were cheating her.
Perhaps it was when they shredded her bank statements. Or maybe it was when she discovered they had created an email account in her name. Or when she noticed hundreds of thousands of dollars spent from her account.
But by the end of 2018, Schottenstein, a member of one of central Ohio’s most prominent families, was confident something was wrong.
The following year, she made the momentous decision to take action against her own family members, grandsons Evan and Avi Schottenstein, and their employer, JPMorgan Securities, for mishandling an account worth more than $80 million.
“For a long time, I was suspicious and I wasn’t at the same time. I just didn’t want to believe this,” said the 94-year-old widow of Alvin Schottenstein, part of the family that built a central Ohio retail fortune through Schottenstein Stores, Value City Furniture, DSW, Big Lots and American Eagle Outfitters.
“You don’t want to think your own grandkids are going to steal from you, but they were really doing this.” Read more