Elder Abuse Donna Koh Canada Fraud RBC Financial abuse Elder Abuse Donna Koh Canada

90-year-old RBC client allegedly lost $60K to fraud by longtime advisor


Have a complaint against your bank? You may face an uphill battle, watchdog report suggests Yu and her sister Donna Koh allege their mother was the victim of fraud perpetrated by her longtime financial planner at Royal Mutual Funds Inc. (RMFI), a mutual funds dealer and RBC subsidiary.

They allege the fraud and an unauthorized transfer of funds resulted in a loss of more than $120,000 according to an internal investigation by RMFI.

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