Ray Anholt of Victoria recently marked his 90th birthday, but says there was little to celebrate — being the victim of one of the largest-ever bank investigator scams reported in Canada, he was left virtually penniless.

Over six months last year, Anholt lost his life savings — almost $1.7 million.

The scam involved phoney bank employees, fake official letters from various government bodies and politicians, piles of cash, massive bank drafts, gold bars and couriers — but the most unbelievable part of the elaborate ordeal is that two major banks allowed a vulnerable senior to empty his accounts despite red flags, says Anholt’s daughter.

“They watched this 89-year-old man pull out every cent,” Jill Anholt told Go Public, her jaw taut with anger.

And while Ray's loss was massive, he ha

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