Canadian Bank Sends Customer Info To Junk Yard

[jeffrey]

From ctv.ca

The Canadian Imperial Bank of Commerce has been faxing confidential information about hundreds of its customers to a scrap yard operator in West Virginia for more than three years, and he says he can't get them to stop.

Wade Peer says he has been overwhelmed since 2001 by internal CIBC fund transfer request forms containing the social security numbers, home addresses, phone numbers and detailed bank account data of several hundred bank customers.

"Had I been a bad guy, I could have got credit cards in their name, I could have assumed their identity. I could have transferred money out of their bank accounts and they'd never know that it happened," Peer told CTV's David Akin in an interview Tuesday at his 30-acre scrap yard in the rolling hills of West Virginia.

He claims the fax traffic from CIBC prevented him from communicating with his own customers and forced him to shut down one of his businesses... Entire Story Here