A Toronto woman who was victim of a mail fraud scam has lost her savings.…
Fraudster in Toronto is Arrested 7 years after Guelph bank defrauded of more than $60, 000
In August 2014, a man opened a business account using a fake name with a fraudulent driver’s license and birth certificate. He deposited a fraudulent cheque for more than $61,000 payable to the business, then withdrew almost all the funds within the following two...
Bank won’t reimburse Ottawa woman who lost $23K to fraudsters, family says
The family of an Ottawa woman says she lost about $23,000 of her life savings after fraudsters gained access to her personal bank account and transferred money through a series of bogus transactions. Nazma Sayeeda Yousuf, 66, has banked with Bank of Montreal (BMO) for...
Anti-fraud technology with a human touch
July 15, 2021 – The use of artificial intelligence and machine learning in bank fraud analytics is continuing to move from reactively mitigating fraud that’s already occurred to preventing fraudulent activities from actually happening—but in ways that try not to...
$1,600 taken from customer’s account — and her bank won’t say why
June 7, 2021 – Angel Pui was pleased when the business she started in the pandemic, selling luxury handbags online, made a sale in South Korea. The timing was good, thought the Vancouver mother of two — right before the Christmas holidays and the expenses that...
Fraud victim disappointed in her bank
May 5, 2021 – Juanita Wood-Arbus was banking on a little more help when fraudsters grabbed nearly $2,500 from her chequing account. The long-time customer of Canada Trust, now TD Canada Trust, for 40 years says the financial institution is putting the recent...