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CIBC Screws Up Again!!

Printed From: CanadaStudentDebt.ca
Category: Dealing with the Banks!
Forum Name: CiBC and Edulinx Horror Stories
Forum Description: Problems with CIBC and Edulinx!
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=1856
Printed Date: 27/March/2026 at 12:33am
Software Version: Web Wiz Forums 12.07 - https://www.webwizforums.com


Topic: CIBC Screws Up Again!!
Posted By: BigFatherA
Subject: CIBC Screws Up Again!!
Date Posted: 25/November/2004 at 6:08pm
Just watching CTV News:

CIBC has been faxing personal information to a Wrecker in the US!!!!

here's a link:

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/110143 6308027_38/?hub=CTVNewsAt11



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BigFatherA
Priest & Teacher
non carborundum illegitemi est



Replies:
Posted By: momof2
Date Posted: 25/November/2004 at 6:46pm

that could well be the least of our problems. 

this was posted march 10 of 2004 but the trend is scary as hell...

http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/03/10/BUGEA5HI9A1.DTL - http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archiv e/2004/03/10/BUGEA5HI9A1.DTL



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professionals built the titanic but amateurs built the ark...


Posted By: momof2
Date Posted: 25/November/2004 at 6:47pm
i wonder how many interest relief apps and DRR forms were faxed to the wrecker ???  can you say lawsuit for blatant incompetence ??

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professionals built the titanic but amateurs built the ark...


Posted By: BigFatherA
Date Posted: 25/November/2004 at 7:06pm
Apparently most of it was RRSP and RRIF transaction information.  (Found this out at the end of the piece) so it might not be where you edulink forms had dissappeared to . . 

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BigFatherA
Priest & Teacher
non carborundum illegitemi est


Posted By: momof2
Date Posted: 26/November/2004 at 3:29am

hard for them to prove it wasn't forms destined for edulinx or other student loan documents if the forms were lost, now isn't it ?  the wrecker said in the article that initially he destroyed the documents, so there would be no proof, and if he did keep even one student loan document there would be a case to have ALL loans with lost forms recalled.  maybe people screwed by cibc and edulinx ( i am not one of them, though) should start calling CIBC and complaining about this, an angry mass has power.  they would have grounds to have their loans removed from collections and reinstated since their blatant screw up is so well documented in the media, at the very lest an apology issued bu CIBC and a good faith adjustment on all outstanding loans might be a good pr move.

mark, this sort of activism is generally your domain.  any chance you could write a letter and get it published where it counts ?? 

any thoughts ?



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professionals built the titanic but amateurs built the ark...


Posted By: SolveStudentDebt
Date Posted: 26/November/2004 at 4:27am

 

 If CIBC escapes this without penaly, this would prove yet another scandal. lol



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Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

http://www.solvestudentdebt.com" rel="nofollow - solvestudentdebt.com


Posted By: whereto?
Date Posted: 26/November/2004 at 8:15pm
Yes but its canada so what will that matter anyway...I hate being canadian most of the time, except when Im watching hockey.


Posted By: Islander
Date Posted: 26/November/2004 at 8:38pm

I watch hockey. 

But I do it from under a palm tree.



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What? Me, worry?
Alfred E Newman


Posted By: Islander
Date Posted: 01/December/2004 at 10:50pm

In case anyone is interested, that CIBC screw up story made the news here in Jakarta.

It was in one of those little page 2 Odd World sidebars where they give one paragraph quickies about burglars who get caught in ventilator shafts and postmen who die and leave 10 years worth of accumulated mail in their house.

Nice to know CIBC has a world-wide reputation.



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What? Me, worry?
Alfred E Newman


Posted By: polyhymnia61
Date Posted: 02/December/2004 at 12:27am

Which is about to get worse...This just in from CBC online:

ATM gives customers Canadian Tire money

Last Updated Wed, 01 Dec 2004 18:37:29 EST

MONCTON - A CIBC cash machine started dispensing Canadian Tire money at a mall outside of Moncton, N.B.

Kayla Peters, 16, said she was shocked when she withdrew $60 on Nov. 29. She received two $20 bills and two $2 bills in Canadian Tire money.

"I just stood there for a second wondering what I should do, but then I heard some other people talking about it and it turned out I wasn't the only one."

Canadian Imperial Bank of Commerce officials say four people have been reimbursed for the mistake.

"It clearly must have come in from maybe some of our business customers who package up their own cash," said Rob McLeod, spokesperson for the bank. "We're still tracking down exactly what the source was."

McLeod says CIBC has confiscated the fake money as part of its investigation.

The ATM spat out 11 Canadian Tire bills in denominations ranging from 10 cents to $2.

"It appears to be a very isolated incident," said McLeod.

It's the second recent embarrassment to involve CIBC. Last week, a junkyard owner in West Virginia revealed he was suing CIBC because it failed to stop faxing him private financial information about its clients.

The bank said it knew about the problem and thought it had been fixed in 2002. CIBC has ordered its employees to stop using the bank's internal fax system to send customer information between offices.

Written by CBC News Online http://www.cbc.ca/bios.html - staff

So, in answer to a question posed on another topic, they DO take Canadian Tire money, so I can't see a problem with Monopoly!

Poly



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Home is where you are allowed to prosper.


Posted By: momof2
Date Posted: 02/December/2004 at 1:36am
gesh, i think they better hire someone new to do some good PR

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professionals built the titanic but amateurs built the ark...


Posted By: Pigeon
Date Posted: 02/December/2004 at 4:08am
Isn't it funny that they want everything we owe them to the penny but they don't even check the money they receive from their "business" customers. Granted....it may be hard to check every dollar they get in but to then put the damn stuff into a bank machine?!?!??


Posted By: administrator
Date Posted: 02/December/2004 at 4:31am
CIBIC
Canadian Impervious Bank of InCompetence!



Posted By: kwelmm
Date Posted: 02/December/2004 at 7:01am
Good one, Mark!! 



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