Earlier this week, CityNews reported the story of a Vancouver retiree who was scammed out of $400,000 in a matter of days. Since then, readers have reached out with more stories of falling victim to alleged fraud, including a bold scheme targeting an elderly North Vancouver man.

The man’s wife says they lost $120,000 after he was taken in by a fake investment ad last year.

She says he’s 77, often confused, and the scammers slowly gained his confidence through repeated calls, enticing him to invest in what they said was a highly successful “chip-making” company.

She says the scammers sent $25,000 to his bank account. The woman claims she investigated the deposit, but her bank, RBC, deemed it legitimate.

Due to his wife’s frustration, the scammers encouraged the man to move the $25,000 t

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