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

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Ray Anholt of Victoria recently marked his 90th birthday, but says there was little to celebrate — being the victim of one of the largest-ever bank investigator scams reported in Canada, he was left virtually penniless. Over six months last year, Anholt lost his life savings — almost $1.7 million.