Beware Of The Scammers ! :-( | Page 4 | Your stories | Discussion forum

Norman1 said
All the victims did call. Unfortunately, they used the phone number and e-mail addresses of the scammers from fake sites, like pcf-canada.com, pcf-private.com, and pcf-compliance.com that Google search had directed them to.

Not being existing PC Financial clients, the victims didn't know the real PC Financial site is pcfinancial.ca.  

The lady from Airdrie showed paper documentation received from the fraudsters. I wonder if they remembered to modify the contact information on those papers to continue to direct her to their phony site.

Also, if we are supposed to be more trusting of contact information on paper sources, it might only be a matter of time before the fraudsters start sending out paper fishing documents. Of course, it is more expensive, but also potentially more lucrative.

usephrase said
The meme coin, known as $Trump, was launched by Trump, reached a peak of over $14.5 billion on Jan. 19. Now Market Cap is 39M.
Trump and His Family Earned Millions From Trump Coin While 810,000 Others Lost Money    

One account that has raised eyebrows purchased $1,096,109 million in $TRUMP three hours before Trump launched the coin. The account then quickly sold the coins for a $50 million profit, said Aurelie Barthere of Nansen, who analyzed the transaction.

How the heck does someone sell coins hours before their release? Is there some mechanism to 'short sell' the market?

Third time received…..different senders.
Grammar and spelling is good.
BEWARE

usephrase said
PC Financial 's institution number is 010 ( is it?), CIBC has the same 010 institution number.  

The institution number for PCF is 320.

Norman1 said
Simplii Financial (CIBC) may have recovered the funds.

Someone was able to log into the victim's Simplii online banking and change the password. The person added the bill payee for a credit card and did $28,710 of bill payments to the credit card.  

Tell me if I am wrong here.

Ways to secure your cash in HISA.
1. Have alerts set up to text and email you if a new etransfer payee or bill payee is set up.
2. Temporarily store HISA in 30 day, 30/90 locked, and quarterlies. On auto renew or not auto renew. Thus requires a face to face visit or a call to FI.
3. Have long and difficult passwords.
4. Use FI’s that don’t have outbound e-transfer or payees….like Oaken, PT and PB ???
5. Thus Hubert is not bulletproof with e-transfer. But has quarterlies that one could lose interest if needed before hand.
6. Thus BMO and Vancity is not bulletproof with e-transfer and both have payees for bills. BMO and Vancity has 30 day locked GICS but one could lose all interest if cashed in before 30 days…but who cares as HISA interest is zero any ways.

Can this info be added to the charts here?

Boy I’ve got some work to do! Need to learn and take action from this very unfortunate situation.

usephrase said

Unless the scammer is an expert on computer, or technology, he/she could do that.
Almost all banks send one time security code on your phone when you add a new payee or update your phone number in your online banking account.
What happened, how the scammer added the credit card in the victim's bank account?  

Some banks still don't have 2FA as mandatory... And some will use your IP to determine if 2FA is required for a particular login, which I absolutely hate as I want 2FA all the time.

Most banks gives you the option to skip 2FA if you select 'trust this device for X no. of days'. another option that I don't think should be offered but some people do it for "convenience". And of course when shit happens, they blame the bank

Norman1 said

usephrase said

… What happened, how the scammer added the credit card in the victim's bank account?

Both the victim and CBC reporter have asked Simplii. For some reason, Simplii has not answered those questions.

Simplii reimbursed/restored the victim the $28,710. Halifax Regional Police has closed the case.  

I guess that the scammer attacked the banking account from a backdoor of Simplii's systems by an unusual method.
I think the basic features or scenarios ( login, adding a payee, basic security features...) should be tested and work very well.

A scammer stole a customer's money from his/her account at TD Direct Investing. TD decreased the daily transfer out limit since then.