Retired bank employee charged with fraud
February 15, 2011
Total Loss:
$200,000
A retired bank employee has been charged with fraud after police found more than $200,000 siphoned out of private accounts belonging to senior citizens from across Canada. Toronto police's financial crimes unit announced the charges on Thursday after launching an investigation in January 2010. They allege that a woman working for CIBC processed unauthorized withdrawals from 43 different accounts between March 2002 and August 2007, siphoning $205,849.96 into her personal accounts.
Source:
CTV Toronto
Posted in:
Internal Fraud