Margot Somerville never dreamed of being accused of a financial crime. The retired former banking executive at Wells Fargo had her wallet stolen on a San Francisco street trolley in 2006. Initially, only $45 was missing from her account, spent at a United States Postal Service location. Eventually, the then 66 year-old Somerville was arrested at her home, accused by police of masterminding a scam that resulted in the theft of more than $60,000 from other people’s accounts from local Wells Fargo branches. The real culprit? Andrea Harris-Frazier. The 56 year old was eventually caught and charged with identity fraud charges. To this day, Somerville’s reputation has been tarnished, and she had spent almost $60,000 in legal fees throughout the entire process. This situation could have happened to anyone, and it could have been the result of more than just a wallet being stolen; improper document disposal, PIN theft, or driver’s license theft could have also result in similar scenarios. Continue reading Secure document disposal in Toronto
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The importance of paper shredding
Today, more than ever, we are all concerned about protecting personal information. This is particularly important for those in business, but it has also become quite important for the average person – with a bank account, credit card, and even month-to-month house bills. For businesses, associations, and organizations it’s especially critical to protect confidential information about members, clients and customers. Most everyone is sensitive to this need. Continue reading The importance of paper shredding
