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TD Bank Denies Reimbursement for $9,800 Bitcoin Scam

By Drooid · · How we work

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Story summary
  • Binh Tran, a Canadian woman, lost $9,800 after a fraudster impersonating TD Bank told her to withdraw cash in March.
  • She withdrew cash, signed a liability form, and deposited the money into a bitcoin machine using a number matching TD’s website.
  • TD Bank refused reimbursement, saying it never asks customers for passwords or bitcoin purchases.
  • Tran will appeal the decision to the federal banking ombudsman, calling the loss her retirement nest.