Executive factoring Canada 11-10-2007 Executive pleads guilty to factoring fraud Terry Banks, director of ESD Fisheries, pleaded guilty to fraud and theft over C$5,000 for factoring invoices to CIBC between 2000 and 2001. It was an elaborate…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#CIBC#factoring fraud#fake invoices#frauds