Hamilton (September 26, 2019) – Former CIBC branch manager, Sandra Walker, who allegedly stole $1.7 million has been charged with fraud. Hamilton police arrested the former CIBC employee on September 24. She is alleged to have defrauded costumers of the Stoney Creek branch out of approximately $1.7 million from 2008 to 2015. She is facing fraud related charges.
The Hamilton Police Major Fraud Unit arrested and charged former CIBC branch manager, Sandra Walker, on September 24 as a result of a fraud investigation. The 60-year-old woman from Burlington is alleged to have stolen approximately $1.7 million from customers of the bank’s Stoney Creek branch. Between 2008 and 2015, the money was stolen from seniors or recently deceased costumers.
On April 25, the CIBC Corporate Security reported an internal investigation against an employee who had resigned in 2015. The employee who was alleged by CIBC’s internal audit team was Walker. After a 5 months investigation, she was charged with fraud over $5,000, possession over $5,000, and criminal breach of trust by the Hamilton police. Walker was released and is expected to appear in court on October 24.
Individuals who have information that could assist further into this investigation are encouraged to contact Detective Jon Murphy of the Major Fraud Branch by calling (905)546-4527. To provide information anonymously call Crime Stoppers at 1-800-222-8477 or submit anonymous tips online at http://www.crimestoppershamilton.com.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.