'Can't get blood from a stone': Banks go after senior caught in extortion scam

Date: February 2, 2017 Author: ocsco Categories: OCSCO News

TD drops $19K lawsuit, BMO and RBC offer help after Go Public inquire

By Rosa Marchitelli, CBC News Posted: Jan 30, 2017 5:00 AM ET Last Updated: Jan 30, 2017 5:00 AM ET

International scam artists took less than a month to shake down 78-year-old Gulshan Ladhani for more than $50,000.  

The Toronto senior gave them everything she had, then in desperation, scrambled to borrow money from three different banks after the threats against her family kept coming.

Been wronged? Contact Rosa and Go Public

​But after losing all that cash, Ladhani found herself facing a whole other threat: legal action from those same banks demanding repayment, plus interest and fees.​

"Where I get the money to pay them?" said Ladhani, who is originally from Uganda.

"I don't have any money. I don't work. I'm a senior, an old lady."

After inquiries by Go Public, one bank has dropped a lawsuit against Ladhani and two others have offered to help.

For more information, please see the CBC news here.