$10,000 wire transfer disappears after bank puts it in wrong account

[Cactus]

https://www.cbc.ca/news/business/wire-transfer-disappears-banks-1.6401776

"Weeks later, CIBC told the Behans the money was gone — deposited into someone else's account the day it was sent — and that the account holder had withdrawn all $10,000 the next day, then shut the account down."

In Canada one must have solid id to open a bank account. In this story the banks say the person holding the account where the money went just took the money, closed the account and "poof" end of story.

No investigation, no police report, no fraud investigation. The person that fled with the money happened to have the same account number as the intended recipient of the money transfer. Of course here we are again dealing with a law enforcement infrastructure that assists covid hoaxsters and genocidalists. Quite frankly there seems to be growing concern about the unavailability of these services anymore.

If I were a gambler I would bet this story is about a bank scam, inside job. Cops aren't even interested. The person stole 10,000 dollars and had a bank account. Nothing was said about the name of the account holder or his picture. Maybe police are getting a cut.

 

[Cactus]

When the system put in place to enforce laws and mete out justice are neutralized well, people will simply take the law into their own hands. Those paid to do it won't do it or have been bought off wholesale.