Summerland Royal Bank. (John Arendt Summerland Review)

Summerland Royal Bank. (John Arendt Summerland Review)

Former Summerland Royal Bank employee faces fraud charges

RBC says they have reimbursed the affected clients

A former employee of the Summerland Royal Bank was in court recently facing six counts of fraud over $5,000.

Terry Sedawie is facing charges from 2011, 2015, 2016, 2017 and 2018. None of the allegations have been proven in court.

Sedawie was an account manager but is no longer with RBC, confirmed Jeff Taylor, a regional spokesperson for RBC.

“RBC is aware of an ongoing criminal proceeding involving a former employee of the bank,” said Taylor in a statement.

“We can confirm that we have reimbursed the affected clients. Beyond that, we are unable to comment further due to employee and client privacy, and because the matter is before the courts.”

Taylor went on to say that RBC treats all matters involving alleged employee misconduct with the utmost of concern.

“We do not tolerate infractions of the law or employee conduct that is inconsistent with our code of conduct, and hold our employees to the highest of standards of ethical and professional behaviour at all times. We investigate and address as appropriate any such conduct and when appropriate, involve the authorities.”

“RBC is steadfastly committed to safeguarding the security of our banking systems, and the privacy of our client’s information and property.”

Sedawie will next appear in Penticton Provincial Court on March 10.

READ ALSO: Summerland goes ahead with pool feasibility study

To report a typo, email: editor@pentictonwesternnews.com.


 

@PentictonNews
newstips@pentictonwesternnews.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

The current B.C. Men’s curling champions, Rick Sawatsky (Vernon and now living and working in Kelowna, from left), Andrew Nerpin (Kelowna), Jim Cotter (Vernon) and Steve Laycock (Saskatoon), have yet to find the win column at the 2021 Tim Hortons Brier in Calgary. (Black Press - file photo)
B.C. looking for Brier victory

Team B.C. falls to 0-2 Sunday, March 7, with 10-7 loss to Wild Card 1 entry from Manitoba

Forty-seven vaccination clinics will open across Interior Health beginning March 15. (Canadian Press)
48 COVID-19 vaccine clinics to open across Interior Health

Select groups can book appointments starting Monday

Forty-seven vaccination clinics will open across Interior Health beginning March 15. (Canadian Press)
48 COVID-19 vaccine clinics to open across Interior Health

Select groups can book appointments starting Monday

Seniors in the Interior Health region can book their COVID-19 vaccinations starting Monday, March 8, 2021 at 7 a.m. (File photo)
Seniors in Interior Heath region can book COVID-19 shots starting Monday

Starting March 8 the vaccination call centre will be open 7 a.m. to 7 p.m. daily

The Conservation Officers Service is warning aquarium users after invasive and potentially destructive mussels were found in moss balls from a pet store. (BC Conservation Officers Service/Facebook)
Aquarium users in B.C. warned after invasive mussels found at pet store

Conservation officers were told the mussels were found in a moss ball from a Terrace pet store.

Elvira D’Angelo, 92, waits to receive her COVID-19 vaccination shot at a clinic in Montreal, Sunday, March 7, 2021, as the COVID-19 pandemic continues in Canada and around the world. THE CANADIAN PRESS/Graham Hughes
‘It’s been a good week’: Tam hopeful on vaccines as pandemic anniversary nears

Tam says the addition of two new vaccines will help Canadians get immunized faster

Const. Allan Young. Photo: Abbotsford Police Department
Manslaughter charge laid in Nelson death of Abbotsford police officer

Allan Young died after an incident in downtown Nelson last summer

Kelowna General Hospital (File photo)
One of two Kelowna General Hospital COVID-19 outbreaks declared over

One outbreak declared over after two deaths, seven cases; another outbreak remains ongoing in the hospital

Cottonwoods Care Home in Kelowna. (Google Maps)
COVID-19 outbreak declared at Kelowna care home after 12 cases noted

Two staff members and 10 residents at Cottonwoods Care Centre have tested positive for COVID-19

There is no true picture of how many youth in Penticton are experiencing housing instability or true homelessness. The Foundry and the city of Penticton are trying to find that out.
How many youth are experiencing homelessness in Penticton?

Foundry Penticton and the City have partnered on a youth survey open until March 13

Chelsea Ishizuka was borned and raised in Penticton but has now moved to Japan. When she found out there was a popular restaurant there named after Penticton, she had to go check it out. Here she is with the owner (right). (Facebook)
Popular restaurant in Japan named after city of Penticton

A Pentictonite now living in Tokyo discovered the eatery and the history behind its name

Coldstream’s Kalamalka Secondary has teamed up with Globox on a fundraising raffle for its graduating class of 2021. (Photo supplied)
Okanagan secondary school grads glowing over fundraiser

Kalamalka Secondary teams with company on fundraising raffle, replacing annual apple pie fundraiser

(The Canadian Press)
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

Travel services saw the biggest drop in active businesses with 31 per cent fewer firms operating

Pictures and notes in from friends and classmates make up a memorial in support and memory of Aubrey Berry, 4, and her sister Chloe, 6, during a vigil held at Willows Beach in Oak Bay, B.C., on December 30, 2017. THE CANADIAN PRESS/Chad Hipolito
Mother of slain daughters supports recent changes to Canada’s Divorce Act

Sarah Cotton-Elliott said she believed her children took a back seat to arranging equal parenting

Most Read