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RBC and CIBC Failed to Stop 89 Year Old Man from Losing $1.7 Million Life Savings to Scam

Автор: The People's Speaker

Загружено: 2026-02-12

Просмотров: 7919

Описание: An 89 year old retiree trusted a call that appeared to come from his bank. Over six months he withdrew his entire life savings from CIBC and RBC, believing he was helping a fraud investigation. This investigative story follows how trust was built, how urgency was created, and how nearly $1.7 million disappeared through cash withdrawals and gold bar purchases. The case raises difficult questions about bank safeguards, authorized transactions, and who is responsible when scams unfold slowly. Based on reporting from Canada, this story examines the timeline, the institutional responses, and the unresolved details that remain.

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RBC and CIBC Failed to Stop 89 Year Old Man from Losing $1.7 Million Life Savings to Scam

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