Scam Type
Investment Scam
Date Reported
2022-11-24 00:00:00
Victim Postal Code
M8Z 5C5
Total Dollars Lost
150000
Scam Description
Uvitek Inc, pretended to be from Manulife Bank, they proceeded to sell us fake GIC certificates. Uvitek seems to be a trucking company in Etobicoke with only 2 trucks and 2 drivers, nothing more as is shown from this web site, https://www.carriersource.io/carriers/uvitek-inc,
Business Number (BN): 808876619 , USDOT 3706615, the used the Toronto phone number 647 557 3867/ They attracted us with slightly higher rates than normal, which was 6.4% instead of the current market rate of 5%. Total lost was $150,000. They gave us fake emails and fake telephones numbers that directed us to the scammers. The real Manulife bank has no knowledge of this.
The money came from our original credit union as followsL
Resurrection Credit Union
Address: 3 Resurrection Rd, Etobicoke, ON M9A 5G1
Phone: (416) 532-3400
Our original credit union did not notice the money was being sent to UVITEK INc. bank account at Manulife Bank. They should of told us that the money was not being sent to Manulife but, to Uvitek Inc. GICs are not done by wire transfer either. But, all these things were ignored by the credit union and they simply sent it.
We wondered why the Uvitek Inc. name was used. But the scammers gave us these quotes to trick us into putting the money into the Uvtek account.
Here are some quotes from the scammers as to why our money was placed into Uvitek Inc. account:
“Tier 2 Banks such as Manulife Bank Of Canada are slightly different from Tier 1 banks because we are required to separate client money and assets from our own resources. We are not permitted to use client money and assets in the course of our own business activities, and your money would be ring-fenced in the unlikely event that we became insolvent. In the case of Manulife Banks default, the Administrator appointed is entitled to claim their costs for distributing client money and assets from the client money pool. Any shortfall in client money and assets will be covered by the CDIC to a limit of $100,000 per client. ”
“The CDIC will provide us with accounts on a daily basis which will always be allocated with us at Manulife. These accounts will have randomized names set up by the CDIC, in the case of today the name of account is ‘UVITEK INC’. We have over 50 clients paying into this account today so its very important that we know what client has made payment. We use the reference to determine this. So its extremely important your reference is exactly the same as stated on the attachment. Once you have made payment we will require proof of payment for our and the CDIC records.”
Here another quote by the scammers:
5. “When making your wire transfer you will be making this to a Manulife Bank Of Canada account, because your funds are covered under the CDIC you will be paying into a client segregated account. The CDIC sets up accounts within Manulife to safeguard your capital. These accounts will be in a randomized name which is given to us on behalf of the CDIC. As a Tier 2 bank the CDIC want to cover themselves in a unlikely event we go into liquidation. This is a extra layer of security for you as the investor and the CDIC”
This is all lies. Suprise is that oucredit union did not notice this as they were preparing to send the wire transfer, as I am over 80, I expect them to do some security checks before sending large transfers like this. I was only asked a couple questions, but I told them it was for Gic certificates. Why didn’t they notice that it should not of been sent into an account called Uvitek. Further, two accounts, mine and my wifes were combined into one fake account called Uvitek.
So now we have no clue as to what will happen. Both our credit union and Manulife have ordered us not to call them asking for updates about the recovery. they won’t even accept our phone calls to ask where the money is. They said you can wait up to 60 days, but don’t call us. I find it strange, they never acted this rude ever before. so, we are awaiting, and have no options in our mind but, to go to court. But, thank God in heaven, our God Jesus, that the police has officially accepted our case. Thanks for reading, blessings to all, thanks in Jesus our God.
