A financial adviser who recently left TD Bank says he often witnessed his manager copying customers' signatures onto documents using "signature cards" on file. Although people in the financial industry have been found guilty of falsifying documents in recent years, few have served jail time or paid hefty fines. His son, Alan Blanes, says he thinks regulators need to crack down on financial employees who fudge documents and forge signatures. "The truth is Canadians are losing billions of dollars of their savings every year due to systemic fraud and wrongdoing by the regulated investment industry," the report reads. "Forgery is indicative of the behaviour of the investment industry."
Source: CBC News May 31, 2017 09:01 UTC