Alberta business owner scammed for $65K, urges banks to step up security

ATB Financial, Alberta’s largest financial institution based in the province, is under fire after one of its small business clients said she was scammed out of $65,000.

Lisa Singh told Global News it all started in late March when she attempted to log in and authenticate her ATB business account.

“I wasn’t able to get into my account,” she said. “I was told my phone number wasn’t correct and I couldn’t provide the right transactions to authenticate me.”

Singh assumed it was a technical glitch, but she soon learned it was a result of something much more nefarious. Her profile had been taken over, she was locked out, and the scammers were draining her account.

As Tomasia DaSilva reports, she’s only one of a growing number of Canadians who have filed fraud complaints against their financial institutions.

For more info, please go to https://globalnews.ca/news/10163439/bank-security-questioned-after-alberta-small-business-owner-is-scammed-out-of-65k/

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