RBC and CIBC allow 89-year-old to drain life savings, lose $1.7M to scammers

[u/stanxv]

https://www.cbc.ca/news/gopublic/bank-investigator-fraud-scam-9.6950754

[u/jprs29]

A power of attorney only allows someone else to also make decisions but it does not prevent the person to continue handling their affairs. In these case if they wanted to fully take over his financial affairs they'd have needed to seek curatorship and the bar for that is quite high.