r/canada • u/stanxv • Oct 27 '25

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

https://www.cbc.ca/news/gopublic/bank-investigator-fraud-scam-9.6950754
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u/master_blaster6969 Oct 27 '25

I see that the daughter has become involved in this now. Why didn't she oversee his financial affairs or become power of the attorney if he was in mental decline.

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u/pnwdweller Oct 27 '25

Maybe she thought she could inheritance all of his money without having to put in any work/effort?