Here on Life with Lynnie (LwL), there is something I feel I want to let you know about.
Even though it was posted online... January 29, 2020... I didn't read it then.
Here is a link to the article by advisor.ca that is entitled, Woman sues TD after being defrauded of $240K: https://www.advisor.ca/news/industry-news/woman-sues-td-after-being-defrauded-of-240k/.
Please click on that link, and read that article. I'll share it with you (I copied/pasted):
The woman says the bank should have recognized signs of fraud
According to a decision of the Court of Queen’s Bench of Alberta, an 81-year old customer of TD Bank, Helen Franiel, was the victim of 26 scams over a 10-month period, including a lottery scam and Canada Revenue Agency (CRA) scams.
Starting in March 2018, Franiel “was persuaded to go to the bank 26 times for bank drafts to give to the fraud artists,” the court noted. As a result, she lost $241,730 and is now suing the bank “on the basis that the bank owes a duty of care to its customers to help prevent frauds like this.”
Franiel is seeking the $241,730 that she lost, plus bank fees and $150,000 in damages.
She argues that “an elderly customer, attending regularly for bank drafts for significant amounts of money mostly just under $10,000.00, dealing face-to-face with tellers, should have raised ‘red flags’ to the bank, and the bank should have stepped in to stop her,” the court said.
The court noted that the bank is defending the claim on the basis that “there is no such duty of care as the plaintiff asserts, and if there is, the bank exercised reasonable oversight in the circumstances.”
The court decision stems from an application regarding the pre-trial examinations for discovery. The plaintiff sought an order requiring the bank to answer questions that its witness refused to answer in pre-trial discovery, claiming that the bank’s refusals to answer certain questions were improper.
The court concluded that “most of the bank’s objections to questions were not valid and most of the undertaking requests that remained in dispute before me were proper requests.”
It ruled that the plaintiff “is entitled to re-commence questioning of the bank’s corporate representative.”
The court also said that “it seems to be the bank’s unstated position that since it is confident that it owes no duty of care at all to see why a customer is withdrawing or investing her money and no duty to decline to act on the customer’s instructions, it is not obliged to provide candid answers to questions as to the bank’s level of knowledge of these sorts of frauds generally, or its specific level of knowledge of the plaintiff’s behaviour. If this has guided the objections, it is an error.”
Wow!
To me... it is truly awful... and sinful.
Why?
That lady was hurt financially. :'(
However... the TD Bank... was hurt financially. :'(
So, to me... each of them were hurt.
To me... it was awful that both the lady and the bank didn't seem to do whatever they could have done... so I believe that much sin happened.
Even though it seemed they both thought they had no sin... since nothing was stated that they both hadn't done anything wrong.
Thinking about that, made me think about 1 John 1:8, "If we say that we have no sin, we deceive ourselves, and the truth is not in us.".
Amen! If we say that we have no sin, we deceive ourselves, and the truth is not in us.
Even though both the lady and the bank probably didn't say or even think they had been sinful... I believe they were. So, I believe there was no truth in that issue.
Why?
Did that lady try to have her troubles checked out by herself? To me, it seems she didn't try to checked it out herself. I feel she could have even contacted the Royal Canadian Mounted Police (RCMP)... or any local government to help her... but it seems she didn't.
Did that bank try to check out things happening on her bank account? To me, it seemed nothing was done.
To me, it was truly sinful.... here in Canada.
Has she been the only person who has been scammed?
I don't believe so.
I receive scamming phone calls on a normal basis... over and over, and over again. Plus people have tried to scam me in many other ways.
Yet, I have spoken with RCMP... but I won't explain why at this time.
I have spoken with many other people... who have also told me they deal with issues.
Has the bank ever contacted me, to see if what is happening to my account. No, they haven't.
Have they done that to you?
Do they truly need to?
I don't believe so, since we need to review our accounts... and deal with issues... ourselves or with help from wherever we can get help.
To me, it's okay... because the only things done on my account have been through me.
I truly feel badly that the bank was taken to court... even though I feel both the lady and the bank didn't do well enough.
Plus, I have prayed and asked God... to help everyone else who belongs to Him... so that they will realize they need to do whatever they can... and ask for help if there is an issue that they feel isn't good.
After all... He is there for each of us born again believers.
Yes, it is truthful.
For that, I am truly thankful.
Thank You, Lord!
Until next time...
If you would like to comment, please e-mail: lifewithlynnie@gmail.com
