A B.C. woman was left in disbelief after discovering that someone had taken out a $260,000 mortgage in her name without her permission. Hailey Leo, a resident of Langley, B.C., was shocked to find out that her personal information had been altered, with her address changed to Fort Saskatchewan, Alberta, and three new phone numbers added to her account. Despite being unaware of these changes, Leo received no notification or warning from her bank, CIBC.
Upon discovering the unauthorized mortgage, Leo immediately contacted CIBC, who then connected her to their fraud department. In response to the fraudulent activity, the bank froze her account to prevent any further unauthorized transactions. This incident has raised concerns about the security measures in place to protect customers from identity theft and fraudulent schemes.
This alarming situation serves as a reminder for individuals to regularly monitor their financial accounts and personal information for any suspicious activity. It also highlights the importance of being vigilant and proactive in safeguarding personal data from cybercriminals and scammers. As investigations continue into this case, it is crucial for financial institutions to review and enhance their security protocols to prevent similar incidents from occurring in the future.
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Video “CIBC customer shocked after someone takes out $260K mortgage without warning” was uploaded on 03/06/2025 to Youtube Channel Global News
Rbc let a family member add themselves to my account and withdraw 6 figures. Get this I had To open a new account as they couldn’t take that person off my account I opened 8 years ago on my own. Banks don’t. Have your back wake up.
We got pitched on a Mortgage Protection plan that explains, someone could open a mortgage without your knowing. Kinda weird….
Try complaining about Canadian banking practices through their processes. I spent over a year, with staff missing deadlines, suggesting I elevate to Ombudsmen, before they completed their jobs, staff being untruthful and ultimately having Ombudsmen (5 months after contacting them), outline they do not deal with customer service issues.
They all use the same bureaucratic system, best defined as “customer service by attrition”. Make the customer responsible for documenting, updating, chasing, following up as they are derelict and there is no recourse. Hardly a free market approach to dealing with customers. No accountability, no responsibility.
Try going into their branches. No one can help you.
A similar thing happened to my Mom only it was her medical information.
Had I not been with her (she was in the first stages of dementia) it might not have been noticed for some time.
I’m guessing whether it be banking, health info, educational info…. It will be more and more common.
CIBC is known for this misconduct yet they are never transparent and put security in line constantly outsourcing employees🙏🏻🇨🇦 thank Mark Miller for the starting of mortgage fraud all over again
Trudeau NDP liberals seem to only find banking institutions instead of acknowledging the crime and making them accountable🙏🏻🇨🇦
Wow, it’s weird. It’s almost like hiring a bunch of people from outside of the country to work in banks who have no understanding of our system and who are probably more likely to commit fraud because they come from low income backgrounds and 3rd world countries would do something like this ever thought that not me I certainly don’t have an entire channel dedicated this subject matter.
So, there is nothing to report. An administrative mistake that happens fairly often and banks just eat it or fix it.
We're heading into the largest financial collapse and this is what bothers you, people?
OH PLS – all those names and contact information -and where do we find them and how long does this take. Sounds like dealing with insurance companies.
These banks will allow money to be taken out of your account, it’s crazy, banks have incompetent employees and they are handing big amount of money.
Inside job…just like the CERB money that vanished……diversity is our strength !
CIBC is complete fraud I had to close the account when I saw unusual transaction few years ago I am pretty sure some Indian 🇮🇳 staff involved with this fraud activities
I'm not sure if employees working for CIBC may be involved ..
The Scamming taking place these days is absolutely rampant, from fake emails, texts, voice messages, web sites … the list is endless. Half run by organized crime syndicates. The Crime in Canada is out of control. Every port of entry is compromised and being used for Drug & Human trafficking. News organizations should focus attention on these things to make people and politicians more aware how bad it really is. This lady getting scammed is just one of MILLIONS getting scammed. We all need to wake up and force politicians and the authorities to take IMMEDIATE ACTION !!! it’s ridiculous.
Welcome to the digital age and the age of incompetence.
CIBC is a corrupt institution. They wash money for the cartels
Exactly the same thing happened to me at the ROYAL BANK 3 YEARS AGO.
I use credit union. They know me and it's local. In 3 decades, I've never had one problem.
Fraud happening everywhere
CIBC is the 5th bank for a reason
I expect nothing less of CIBC, work culture and a bit of snoozy looking down cold.
I truly believe that dental scans need to play a huge role in confidential and private info preservation and security. When you can't identify a body, dental records will. Too easy to gather someone else's info and find someone who sorta resembles them.
I think you should use a middle name to differentiate yourself.
I believe a lot of bank employees are affiliated with scammers and hackers, the banks are aware of that but they have to sweep this under the rug. Try your best not to contact walmart customer services which is in india, every time you call, someone there has a reason to access your account and see your credit card info and personal details. Play safe.
Looks like her account number was switched with Hailey Leo account under her profile that's why when she logs in she see Hailey Leo's account details and not her … Wonder what Hailey Leo's profile shows 😮
I have been dealing with lots of shady business from cibc
Why….. does anyone think it’s a great idea to…..
work hard
Pay a fee to put your money in a business (bank) in which they charge you for transactions….. YOU…. Have to ask their permission to withdraw it…..& if they have a bail in….. you lose every cent & they don’t have to pay you back….. and what we’ve recently learned…. If you don’t agree with a tyrannical government…. They FREEZE YOUR MONEY.🤷🏻♀️🤦🏻♀️🤦🏻♀️🤦🏻♀️🚫