Breaking News

Judge rules Donald Trump defrauded banks, insurers while building real estate empire

A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House, and he ordered some of the former president's companies removed from his control and dissolved. Judge Arthur...

Ontario Resident Loses $50,000 in Crypto ATM Scam

According to the Ontario Provincial Police (OPP), a resident of Renfrew County lost $50,000 to scammers. Their modus operandi was to impersonate various government agencies as well as the police themselves. A CityNews Ottawa report states that the unnamed...

Former president, treasurer of Vaughan Royal Canadian Legion branch charged with fraud

A former president and a former treasurer of a Royal Canadian Legion Branch in Vaughan have been charged with fraud, police say. York Regional Police said officers launched an investigation in January 2022 after receiving information that a...

Twin sisters and mother charged with fraud for falsely claiming Inuit status

The Iqaluit RCMP charged twin sisters from Kingston, Ontario, and their mother with two counts of fraud of over $5,000 for claiming Inuit status when they were not Inuit. According to the RCMP, sisters Amira and Nadya Gill and Karima Manji, who previously claimed to...

Lender can’t foreclose on B.C. woman’s home because mortgage was obtained through fraud

A B.C. woman has won the right to stay in her home after convincing a judge that the mortgage her son took out on the property was obtained fraudulently. Winnifred "Winnie" Wai Wai Chan told the B.C. Supreme Court she had no knowledge of the mortgage until the lender...

Ontario woman issues warning about scam involving fake Service Canada employee that cost her $50K

An Ontario woman is warning others after a fraudster impersonating a Service Canada employee convinced her to empty out $50,000 from her bank account. Anne Galt of Renfrew, Ont. told CTV News Toronto Thursday that she got a strange phone call in August from someone...

Incidences of financial fraud spiking in Canada: Equifax

Canada has seen an increase in fraudulent activities within the automotive, credit card, and mortgage sectors, according to the latest Fraud Trends Report by Equifax Canada. Over the past year alone, fraudulent applications have spiked by 28% in the automotive sector,...

White lie or serious fraud? More Canadians are crossing the line says Equifax

Canadians who are desperate to get on the housing ladder, buy a car, or secure a new credit card may be committing serious fraud in the belief that it’s only a minor tweaking of their financial status. Equifax Canada says that its research suggests an uptick in...

Fraudsters impersonate loved ones in text message scam: Here’s what you need to know

A broken phone fraud circulating in local communities prompted an alert from police to the public, with tips on not becoming a victim. Police say victims receive a text message from someone claiming to be a loved one saying they dropped or damaged their cell phone and...

Morgan Stanley Sued for $750 Million by Private Equity Firms Claiming Fraud

Morgan Stanley was sued for at least $750 million by private equity firms who claim they were defrauded in a deal to invest in a credit agreement for a luxury high-speed rail line. Certares Management LLC and Knighthead Capital Management LLC filed suit Monday in New...

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

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...

6 plaintiffs from Toronto’s Chinese community accuse broker of mortgage fraud

It's been more than three years, but Yan Ting "Tina" Li says she still remembers meeting Po Yuk "Peggy" Chan at a Thanksgiving party. The 45-year-old mother of four says Chan struck her as compassionate and pious, and took an instant liking to her. "I thought she was...
Multi-layered door-to-door sales scam could cost you your 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...

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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...

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Romance & Relationship Fraud