P2011-ND-027

Transamerica Life Canada

On May 24, 2011, the Organization processed a request for a partial withdrawal of funds for the sum of $75,000 from a policy held jointly by two Alberta residents. The funds were wire transferred to a bank account in their names pursuant to the request. As a result of suspicion raised by the bank on May 27, 2011, the Organization contacted the policyholders and the policyholders confirmed that they did not request the withdrawal.

File Type: pdf
Categories: 2011
Tags: Unauthorized access