Breaking News

Some foreign workers paying $30K or more in illegal fees for a job in Alberta

Immigration lawyers, consultants and agencies in Alberta are sounding the alarm over what they say is a common scam targeting temporary foreign workers, as the province's population grows. The scheme can involve employers, immigration consultants and...

Number of fraudulent claims detected by insurer skyrockets

Aviva, operating in the United Kingdom, Ireland and Canada, says it has detected 39 per cent more instances of fraud in 2023 when compared to 2022 figures, thanks in part to its investment in the number of employees dedicated to investigating fraud (the company has...

Guelph woman loses $220,000 to Bitcoin scam

A Guelph woman has lost approximately $220,000 after falling victim to a Bitcoin scam. The woman in her 60s told police she had lost her job earlier this year and was looking online for a new opportunity. She said she was contacted by a company claiming to specialize...

‘It’s scary’: 3 Ontario men lose $373,000 to crypto investment fraud

Three men across Ontario are speaking out after losing hundreds of thousands of dollars to a cryptocurrency investment scam, including one man in Brampton who lost $226,000. “I started with $1,200 and within two weeks I was at like $3,000,” said Mohammad Haque. Haque...

Ex-NBA player Jontay Porter pleads guilty for wire fraud after betting scandal, lifetime ban

Jontay Porter, the former Toronto Raptors player who, according to a league investigation, bet on NBA games, gave confidential information to sports bettors and checked himself out of a game due to "illness" for betting purposes, pleaded guilty to...

Founder of collapsed hedge fund Archegos Capital is convicted of securities fraud scheme

The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities fraud in a scheme that prosecutors said cost global investment banks billions of dollars. Bill Hwang looked straight ahead as the verdict was read,...

Couple defrauds 40 people in Canada work visa scam

Police in India have booked a couple for allegedly defrauding over 40 individuals under the pretext of providing work visas for Canada. The accused, identified as Rina Shah and Gaurav Shah, are currently the subjects of a police search. According to the complaint...

Federal government consultant charged in $250,000 timesheet fraud scheme

An Ottawa consultant has been charged with overbilling the federal government $250,000 by allegedly submitting fraudulent timesheets on contracts for 18 months, the RCMP said Tuesday. Clara Elaine Visser, 63, was charged with one count of fraud over $5,000, contrary...

Canadian Sentenced for Pump & Dump Security Fraud

A U.S. court sent a Canadian trader to prison for 3,5 years and ordered him and his co-conspirator to pay more than US$215 million in restitution for defrauding investors by artificially inflating penny stocks and then selling them at a high prize. Penny...

Boeing reportedly offered plea deal in criminal fraud case over 737 MAX crashes

The US Department of Justice (DOJ) will criminally charge Boeing with fraud over two fatal crashes and ask the plane maker to plead guilty or face a trial, two people familiar with the matter have told Reuters. The DOJ decided to charge Boeing after finding it...

Breaking News

Information Wanted

Peel police looking for 20-year-old accused of fraud

Peel police looking for 20-year-old accused of fraud

Peel police are looking for a 20-year-old man wanted on a charge of defrauding the public. From June to August, multiple victims across the Greater Toronto Area, including Peel, have reportedly lost thousands of dollars to a contractor who promised driveway repairs,...

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Crypto Currency Fraud

Breaking Court Decisions

Investment Fraud

If fraudsters don’t pay court ordered restitution in Ontario it’s up to victims to try to collect

Unclear how much of nearly half a billion in restitution ordered for Ontario fraud victims is actually paid. arin Smith and her then husband were just trying to pay off their mortgage a little faster. But after the investment opportunity they agreed to in...

‘Be aware of warning signs’: Tecumseh resident loses $70,000 in online investment scheme

Essex County OPP are warning the public to be vigilant after a Tecumseh resident was defrauded of over $70,000 by investing in Crypto currency with an online Crypto currency brokerage. At this time, police say the victim is not able to retrieve their money from the...

Luxury cars seized from 23-year-old ‘Crypto King’ as investors try to recoup millions

Aiden Pleterski and his company allegedly owe $35M to more than 140 investors. Two McLarens, two BMWs and a Lamborghini make up just a few of the $2 million worth of assets seized from a 23-year-old from Whitby, Ont., as his investors try to recoup millions of dollars...

Information Wanted on Aiden Pleterski of Ajax, Ontario – Ponzi Scheme Foreign Exchange Investment Scheme

The Toronto based law firm Investigation Counsel PC, Fraud Recovery Lawyers, is asking anyone who transferred funds to Aiden Pleterski of Whitby, Ontario, to contact them confidentially. Inquiries can be made to D. Slenys at dslenys@investigationcounsel.com. On June...

LSO tribunal considers Indigenous background in sentencing lawyer for misappropriation of funds

First misappropriation case where unique circumstances led to lesser penalty than license revocation. The Law Society of Ontario has obtained an eight-month suspension order against an Indigenous lawyer who admitted to misappropriating over $100,000 from her firm’s...

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Mortgage Fraud

Real-estate title fraud was one of 2023’s most-read stories

In the spirit of looking back on 2023, CBC Toronto is revisiting some stories that captured our audience's attention the most. One of those, undoubtedly, was an inside look at real-estate title fraud — a bizarre practice where scammers steal a person's identity...

The anatomy of a stolen home — and how 3 suspects got caught

CBC News has learned exclusive details behind an alleged title fraud in January that led to 3 arrests. It began as a typical phone call for Niroosan (Niro) Vivekanantharajah — someone who found him on Google, asking for his help in closing a home...

Multi-layered door-to-door sales scam could cost you your home

"A person visits you and says you have won a class-action lawsuit regarding the installation of your equipment and the money can only be used toward renovations to your home" Ontario's Serious Fraud Office (SFO) is shining a light on a multi-layered door-to-door sales...

Ontario regulator warns real estate agents to watch for signs of fraudulent home sales

The body that regulates Ontario's 100,000 real estate agents and brokers is urging them to be more vigilant when verifying the identity of a client, amid a wave of fraudulent home sales and mortgages in the Toronto area. The Real Estate Council of...

Title fraud on the rise, property owners need to protect themselves

It’s difficult to imagine someone could sell a home without the owner knowing – or that a purchase could be made under fraudulent terms without the buyer realizing – but situations like this are happening right now in Canada. The number of people whose homes are being...
Real-estate title fraud was one of 2023’s most-read stories

Real-estate title fraud was one of 2023’s most-read stories

In the spirit of looking back on 2023, CBC Toronto is revisiting some stories that captured our audience's attention the most. One of those, undoubtedly, was an inside look at real-estate title fraud — a bizarre practice where scammers steal a person's identity...

read more

Consumer Fraud

Waterloo police issue warning about new used car scam hitting area residents

Waterloo Regional Police have issued a warning about a new used car scam that has recently strike to dupe area residents. Police say the scammers are advertising vehicles as being for sale online. They say a meeting is then arranged between the buyer and seller where...

Rogers scam alert: Texts offering credit after outage are fake

Following a Canada-wide outage of Rogers and a subsequent notice that customers would receive a credit in recompense, scammers took to SMS to try and make a profit out of the misery. On Saturday, July 9, Rogers acknowledged that it knew about the problem. “We are...

Owner of mechanic shop in Lethbridge faces 62 charges after fraud investigation

Police in southern Alberta say an owner of a mechanic shop faces 62 charges after an investigation into alleged fraud. Investigators say they have identified more than two dozen victims and believe there could be more. Police say an investigation started last year...

Toronto police bust brazen moving scam, recover property belonging to 22 families

The Toronto Police Service has announced three suspects are facing several charges in connection with an alleged moving scam that saw items belonging to 22 families being recovered in an east-end warehouse. Const. Chris Long, an officer at 41 Division who has been...

Hamilton man says scammer used his home to promote ad for fake rental unit

In the middle of winter last year, Gary Brown said he and his family encountered a teary-eyed woman at the front door of their Hamilton Mountain home. The woman told Brown she had responded to an online ad that said his basement was available to...
Real-estate title fraud was one of 2023’s most-read stories

Real-estate title fraud was one of 2023’s most-read stories

In the spirit of looking back on 2023, CBC Toronto is revisiting some stories that captured our audience's attention the most. One of those, undoubtedly, was an inside look at real-estate title fraud — a bizarre practice where scammers steal a person's identity...

read more

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Romance & Relationship Fraud