Bank employee charged with fraud
February 24, 2011
Total Loss:
$205,000
A 59-year-old former bank employee has been charged with fraud over $5,000 and laundering the proceeds of crime after allegedly defrauding 31 senior citizens from across Canada of more than $205,000. Alicia Canlas, of Toronto, was arrested Tuesday, Feb. 8. She had a court appearance that same day. The accused was an employee of CIBC from March 1, 1994, until Aug. 30, 2007. From March 2002 until her 2007 retirement, she allegedly processed unauthorized withdrawals from 43 different accounts. The affected accounts included Registered Income Funds, Life Income Funds and Registered Savings Plans.
Source:
Inside Toronto
Posted in:
Internal Fraud