He is never a client of CIBC. So how did a conman create a line of credit in his name? 

A B.C. man claims that a false specific line of credit in his title has had an adverse impact on his credit rating. Steve Jones claims that his problem started when a text from CIBC arrived at his home at the beginning of the year stated that his funds privileges had been revoked. Jones claims that when he first spoke with CIBC in January 2025, he was informed that the bill had been frozen as a result of fraud. According to Jones,” I was really in a little bit of shock because I had no thought this may happen to me.” Jones is never a client of CIBC, but he claims the company informed him that it was looking into his case. They said they were aware of the account’s level of fraud, and they had frozen it, and an analyst would call you in five to ten business days, according to Jones. Jones claims that he didn’t hear back from CIBC. He claims that he received a final past-due notice from CIBC in February, which stated that almost$ 20,000 may be paid in full or his credit score might experience. Jones claims to have contacted CIBC once more for clarification. I called a fortnight after. They claimed I had not heard anything about them when I contacted them. According to Jones,” I was doing a lot of the effort to make sure this was being pushed forth.” Jones claims that the affair had an even greater impact on his credit rating, which dropped from “good” to “fair”
How a BC person’s personal information was altered at CIBC without his knowledge Steve claims a CIBC agent gathered all of his knowledge and called him to ring every few times to keep track of his case. ” I’m very stressed out about this. Because of this, my credit score and credit report are both negatively impacted, according to Jones, who needs to remortgage in September. Jones claims that CIBC informed him that restoring his credit score to great standing may take another eight to twelve months. Jones claims that he finally reached out to Consumer Matters for assistance after months of waiting. I didn’t think I was progressing,” Jones said. According to CIBC,” Whenever we become aware of an issue or one that is reported to us, we thoroughly research and resolve the issue, as we are doing in this situation, including changing credit bureau information as soon as possible.” CIBC declined to provide any additional information about Jones’s scams file, stating that it was unable to comment on particular cases. 1: 55
Customers who have been defrauded at CIBC warn about false investigators. Claudiu Popa, the CEO of Datarisk Canada, says he is skeptical. It serves as a reminder that advanced does not always translate to successful. It doesn’t imply that they are effective, Popa said. Popa believes that the accountability of the public must be strengthened in American financial institutions. We need clarity about what failed and what is being fixed, Popa said, rather than hazy assurances. Jones claims that he received a call from CIBC informing him that his credit report may be corrected within three to five business days after Consumer Matters reached up. & a version of Corus Entertainment Inc.’s 2025 Global News department.