Another Cdn Bank In Hot Water In The U.S. -- This Time It's Royal Bank of Canada

... a few weeks ago td bank hit the headlines first for being prosecuted in florida for being part of a multimillion dollar scam and also for staying open on martin luther king day ...

... this week royal bank is being prosecuted in new york for being involved in a massive fraud scheme. story HERE ...

... i still maintain that the corrupt canadian banks will eventually be forced out of the u.s. market altogether ...

Interesting, the question is did Royal Bank ever rip Canadians off?

... i've read some horror stories on the internet regarding royal bank's conduct in canada. and i have a royal bank horror story of my own. read all about it HERE ...

Interesting story about CRA and Royal Bank. How did CRA know there is money in that account and is the restriction on the account legal?

... thanks for your reply ...

... the reason the federal government knew how much money was in my account was because the bank told them how much money was in my account. and nope, the restriction was in no way lawful. in fact, according to the bank it was a court order that allowed the bank to seize the account -- a complete lie. there was no court order at all ...

... again, thanks for your interest ...