Breaking News

Toronto police arrest 12 people, lay 102 charges in major credit card fraud scheme

Toronto police say 12 people are facing a combined 102 charges in connection with an investigation into a major credit fraud scheme. The charges were announced Monday as police provided an update on Project Déjà Vu, a probe into what investigators described as...

Man tried to swindle Sudbury car dealership out of $36K in fraudulent credit card purchases

A man with no fixed address and from Quebec tried to make two large purchases from a Sudbury car dealership but was caught when he returned a second time. Sudbury police were contacted June 17 by the dealership about the first purchase, which totalled more than...

Man killed in Toronto shooting had faced charges in mortgage fraud investigation

One of the men killed in a daylight shooting in the Don Mills area on Monday afternoon previously faced charges in a multi-million dollar fraud investigation by Toronto police. Arash Missaghi, 54, was identified as one of the victims by Toronto police on Tuesday. He...

Wife of Toronto gunman says two victims allegedly defrauded family of life savings

The wife of the gunman in Monday's double murder-suicide in North York says she doesn’t consider her husband an evil person, but one who was “broken" by a lengthy fraud dispute that saw their family savings drained. The incident happened just before 3:30 p.m. in the...

Lobster dealer sentenced to 5 years in prison for large fraud

A 58-year-old lobster dealer with a long and infamous past in southwest Nova Scotia has been handed five years in prison for defrauding a fisheries company of what the prosecutor in the case says was more than a million dollars. Terry Banks, a Brooklyn, N.S., man with...

Financial crime still a ‘free-for-all’ in B.C. and Canada, expert says

B.C. has taken important steps recently in the fight against money laundering, an international conference in Vancouver heard Wednesday, but successful prosecution of financial crime remains problematically rare. A group of international experts and professionals...

Modest needs? Charity founder accused of embezzling $2.5 million to fund lavish lifestyle

 The charity was called Modest Needs but federal prosecutors who filed charges against its founder say his weren't. Rather, prosecutors in the U.S. attorney's office in Manhattan say, Modest Needs founder Keith Taylor had such expensive tastes that he embezzled...

Elizabeth Holmes’s fraud appeal heard by judges

Judges have heard an appeal by Theranos founder Elizabeth Holmes against her conviction for defrauding those who invested in her blood-testing company. An appeal was also entered in the San Francisco federal court on Tuesday for the startup's president, Ramesh "Sunny"...

Quebec police arrest three in $9-million fraud, data theft case involving Desjardins

Montreal-area police announced Wednesday that they have arrested three people in connection with a major data theft and $8.9-million fraud involving the co-operative financial group Desjardins, some five years after the alleged crime. Police in Laval, Que., said one...

‘Voice-changing’ AI potentially being used to mimic family in fraud cases: Ontario police

Members of the Norfolk County OPP detachment say a resident, described only as an elderly individual, is out $9,150 in cash after falling victim to an emergency scam that they claimed involved a phone call from someone who sounded almost identical to a loved one. “The...

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,...

read more

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...

 If you have been a victim of fraud we can help.  We specialize in Fraud Recovery Litigation. Contact us for an assessment

Online  Fraud

Reach your target Audience Advertise With Canadian Fraud News

REACH YOUR TARGET AUDIENCE

ADVERTISE WITH CANADIAN FRAUD NEWS.

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

FOLLOW CANADIAN FRAUD NEWS ON SOCIAL TO STAY UP TO DATE WITH THE LATEST FRAUD NEWS 

Romance & Relationship Fraud