What should I do with my inheritance?
This is a question asked by many people when they find they have been left a considerable amount of money as a gift of inheritance.
Sadly for Mrs Maureen Curry, she made the mistake of entrusting over £60,000 with her niece and great niece for tax purposes, when her brother died.
Instead of safely investing the money in a bank or savings account where it would have earned considerable interest, Mrs Curry instead put her misplaced trust in her relatives.
On realising her mistake, the woman asked for the money back but by this time, it had already been spent – on paying off debts and a family holiday, it was alleged.
Both women were given a jail sentence and a period of six months to pay the entire amount back, or face another extended jail sentence.