Skip to content

LETTER: Local man one of 'lucky' ones in e-transfer incident

Reader recalls having nearly $50K withdrawn from account, but it was promptly returned
2022-05-17 typing pexels-donatello-trisolino-1375261
Stock photo

OrilliaMatters welcomes letters to the editor at [email protected] or via our website. Please include your daytime phone number and address (for verification of authorship, not publication). The following letter is in response to an article about e-transfer fraud published Jan. 4.

I know the feeling. Three years ago while doing some online banking, I noticed a debit of $49,500 from my account. I had no knowledge of this. I do not know the company that took my money. I did not have $49,500, but I did have an unused line of credit up to $50,000.

Luckily, I found this debit within two days. I went to the bank and explained. Oddly, the company that made the withdrawal is well known to the bank and is a reputable business.

There was no explanation as to how this happened. I had to open a new account, have my home computer cleaned by Staples at my own expense and notify all businesses that I made transactions with.

I am one of the lucky people as my funds were returned within two to three days, but I never did receive an explanation nor did I receive information that the offending company was charged with fraud.

Bill Williams
Penetanguishene