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Derek Peddlesden ( CEO ) of Peoples Trust Company


Country Canada
City Vancouver, BC V6C 3K4
Address Suite 1400 888 Dunsmuir Street Vancouver, BC Canada V6C 3K4
Phone 604-683-2881

Derek Peddlesden ( CEO ) of Peoples Trust Company Reviews

  • Sep 16, 2016

Derek Peddlesden / People's Trust Company

On october 25, 2013, peoples trust company notified about 12,000 to 13,000 individuals of a risk of identity theft due to unauthorized access to a database used to collect their online application information on peoples trust company website peoples trust has arranged for a flag to be placed on your credit file which will alert companies accessing your credit information that your data may have been compromised and that lenders should take additional steps to verify your identity before transacting further. The notation will stay on your credit file for a period of 6 years unless you choose to have it removed. In march tried to open online a checking account with td. Application rejected - no reason given. After hours on the phone i was told that the credit check was unsuccessful and asked to go in a branch with proof of employment, utility bills and two pieces of id. I got the account after i provided all the documents. In june i tried to get online a credit card with scotia bank. Identical experience. Got the credit card. - in october, two weeks ago, i tried to open a brokerage account online. It is an online only brokerage - no brick-and-mortar locations. Application rejected - no reason given. After endless calls i was told today that my identity check failed as they pull an equifax credit report in order to do that and they couldn't do it. The only way they would accept to open my account would be to have my identity validated by a commissioner of oaths, lawyer or public notary. Called a lawyer - $400 for me and my wife. Third party hackers exploited known vulnerabilities in a web editor used to design and manage an older version of the people’s trust web portal. The people’s trust web portal had been recently redesigned by a third party contractor. The contractor used a new web editor and did not remove the old web editor that had been left there by the previous design team. The old web editor had not been used in years and the organization was unaware that it was there, so the threat was neither evaluated nor managed. Duplicate, unencrypted versions of sensitive personal information were permanently stored on the web server going back as far as 2007. People’s trust had not carried out any vulnerability scans since the original design of the web site in 2005. People’s trust did not have adequate security policies at the time of the breach. The federal privacy commission found that the combined impact of the problems noted above meant that people’s trust had violated pipeda principles requiring them to implement adequate organizational policies and training to ensure protection of personal information; had failed to establish and implement appropriate guidelines establishing appropriate retention periods; failed to delete personal information when no longer required and failed to implement adequate security.

  • Sep 16, 2016

Derek Peddlesden / Peoples Trust Company

On october 25, 2013, peoples trust company notified about 12,000 to 13,000 individuals of a risk of identity theft due to unauthorized access to a database used to collect their online application information on peoples trust company website ("notice"). The database was compromised by cybercriminals located in the people’s republic of china. Ptc discovered the breach when its customers complained of "phishing" attempts – text messages from an individual falsely claiming to represent ptc and asking the message recipient to provide their account details. The notice states that the personal information that may have been accessed includes customer names, addresses, telephone numbers, email addresses, dates of birth and social insurance numbers. The notice states that ptc has arranged for a flag to be placed on the credit files of affected individuals for a period of 6 years to alert companies accessing their credit information of the data compromise. On november 18, 2013, the law firms of sutts, strosberg llp, charney lawyers and branch, macmaster llp commenced a national class action against ptc on behalf of all persons in canada whose personal information was compromised. Individuals who received the notice may be entitled to compensation for the breach of their privacy, damages for identity theft and/or damages to their credit reputation, damages for the costs incurred to prevent identity theft, damages for the time spent changing your personal information, damages for emotional distress/inconvenience, and/or compensation for out of pocket expenses. I called derelk peddlesden, ceo of peoples trust company and he was pissed and told me to get lost- told me that peoples trust company is not responsible for any damages as a result of the stolen personal information from peoples trust company's website.

  • Sep 16, 2016

I obtained a prepaid visa card branded with the name “vanilla prepaid visa”peoples trust company and peoples card services llp. The vanilla prepaid visa card, which the defendants issued, stated on it that it was “valid thru to 04/17”. In january, 2016, and despite never having used my card, i learned that all the amounts on my card had been seized by peoples trust. Peoples trust pre paid credit cards are a " rip off " by extracting unauthorized and illegal fees from prepaid credit cards they sell. The systemic practice of seizing money from prepaid credit cards is a rip off that they do not include in their agreements.

  • Sep 16, 2016

Peoples Trust Company / Derek Peddlesden, CEO of Peoples Trust Company

Derek peddlesden of peoples trust company recalled mortgage when the mortgage was not due and was not in arrears. Derek peddlesden then filed false affidavit to obtain judgment from justice lederer. Derek peddlesdemn fabricated repairs and expenses that were not done on the property. Derek peddlesden attorned rents and concealed the attorned rents. Derek peddlesden's current position is that the mortgagor is not entitled to the attorned rents. Derek peddlesden of peoples trust company is a thief and fraudster.

  • Sep 16, 2016

Peoples Trust Company , Derek Peddlesden, Martin Mallich, Frank Renou

A $154,000.00 loan over three (3) years has turned into a demand of $345,000.00. This aamount is in direct violation of section 347 of the criminal code canada. Derek peddlesden, chief executive officer of peoples trust company continues to refer all enquiries to his lawyer, christina j. Wallis of the law firm dale and lessmann llp. Christina wallis is currently the subject of an investigation with the law society of upper canada.

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