Fraud cases reported to police skyrocketing in Edmonton

Dec. 12, 2018 (Courtesy of o.canada.com ) - Incidents of fraud reported to police in Edmonton continue to climb year-over-year, peaking last year at close to 7,000 cases, new police data released Wednesday shows. Over a five-year period between 2013 and 2017, fraud...

Cyber crooks increasingly targeting home devices

Dec. 6, 2018 (courtesy of CBC.ca) - Cyber criminals are shifting their attention from traditional computers to internet-connected devices in Canadian homes, says the government's cyber security agency. In its cyber threat assessment for 2018, the newly created...

Coast Capital Savings Warns of Text and Email Scams Making the Rounds

December 6, 2018 - Coast Capital Savings is warning its credit union members of phishing scams, circulating via text message and email. Messages claim to be from the credit union, but of course are fake, in an effort to extra personal banking data and information. The...

Edmonton woman, 68, charged in relation to $1.4M payroll fraud

Nov. 14, 2018 (Courtesy of CBC.ca)  - A 68-year-old Edmonton woman has been charged with fraud and theft in relation to a seven-year payroll fraud worth $1.4 million. The woman is thought to have falsified paycheques for more than 500 former employees of an Edmonton...

Financial adviser ‘manipulated’ brain injured senior into lending him $200K, police allege

Nov. 13, 2018 ( Courtesy of CBC.ca) - A Winnipeg financial adviser is under police investigation for allegedly manipulating his cognitively impaired 78-year-old client into lending him $200,000 under "false pretence," according to documents filed in court....

Investor Notices

Richard Glen Allison Issued Jail Time for Fraud on Company

Why Sales Agent Due Diligence is Necessary April 19, 2018 – At Canadian Fraud News, we report on decisions issued by Canadian Courts related to fraud, that are not reported in the main stream media, and that contain legal issues the Canadian public and fraud recovery...

read more

Investment Fraud

Fraud cases reported to police skyrocketing in Edmonton

Dec. 12, 2018 (Courtesy of o.canada.com ) - Incidents of fraud reported to police in Edmonton continue to climb year-over-year, peaking last year at close to 7,000 cases, new police data released Wednesday shows. Over a five-year period between 2013 and 2017, fraud...

Coast Capital Savings Warns of Text and Email Scams Making the Rounds

December 6, 2018 - Coast Capital Savings is warning its credit union members of phishing scams, circulating via text message and email. Messages claim to be from the credit union, but of course are fake, in an effort to extra personal banking data and information. The...

Financial adviser ‘manipulated’ brain injured senior into lending him $200K, police allege

Nov. 13, 2018 ( Courtesy of CBC.ca) - A Winnipeg financial adviser is under police investigation for allegedly manipulating his cognitively impaired 78-year-old client into lending him $200,000 under "false pretence," according to documents filed in court....

BCSC alleges $47 million investment fraud by insurance group’s top officers

Nov. 7, 2018 - The British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that three leaders of a once fast-growing insurance group committed fraud by getting hundreds of people to purchase unsecured loan agreements. The BCSC alleges...

RCMP victimized by $100,000 credit card cloning scam

Nov.1 2018 (courtesy of CBC.ca) The Royal Canadian Mounted Police has changed the way it handles credit cards for gasoline purchases after it fell victim to organized criminals and the fraud went undetected for months. By the time the RCMP realized one of its gas...

Fraud cases reported to police skyrocketing in Edmonton

Dec. 12, 2018 (Courtesy of o.canada.com ) - Incidents of fraud reported to police in Edmonton continue to climb year-over-year, peaking last year at close to 7,000 cases, new police data released Wednesday shows. Over a five-year period between 2013 and 2017, fraud...

read more

Fraud cases reported to police skyrocketing in Edmonton

Dec. 12, 2018 (Courtesy of o.canada.com ) - Incidents of fraud reported to police in Edmonton continue to climb year-over-year, peaking last year at close to 7,000 cases, new police data released Wednesday shows. Over a five-year period between 2013 and 2017, fraud...

read more

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

Online  Fraud

Cyber crooks increasingly targeting home devices

Dec. 6, 2018 (courtesy of CBC.ca) - Cyber criminals are shifting their attention from traditional computers to internet-connected devices in Canadian homes, says the government's cyber security agency. In its cyber threat assessment for 2018, the newly created...

read more

OCS warns customers of data accessed in Canada Post breach

Nov. 7, 2018 ( Courtesy of citynews.ca) - The Ontario Cannabis Store (OCS) said the shipping information of some of its customers was accessed by an outside source through the Canada Post delivery tracking tool. In a letter sent to the customers on Wednesday, the OCS...

read more

Cyber crooks increasingly targeting home devices

Dec. 6, 2018 (courtesy of CBC.ca) - Cyber criminals are shifting their attention from traditional computers to internet-connected devices in Canadian homes, says the government's cyber security agency. In its cyber threat assessment for 2018, the newly created...

read more

OCS warns customers of data accessed in Canada Post breach

Nov. 7, 2018 ( Courtesy of citynews.ca) - The Ontario Cannabis Store (OCS) said the shipping information of some of its customers was accessed by an outside source through the Canada Post delivery tracking tool. In a letter sent to the customers on Wednesday, the OCS...

read more

Reach your target Audience Advertise With Canadian Fraud News

REACH YOUR TARGET AUDIENCE

ADVERTISE WITH CANADIAN FRAUD NEWS.

Mortgage Fraud

Edmonton man charged in $5.5 million Ponzi scheme

July 24, 2018 (Courtesy of CBC.ca) - Edmonton police say they have uncovered a multi-million dollar Ponzi scheme involving hundreds of fraudulent mortgage loans. Police allege Timothy Carruthers facilitated 257 fraudulent bridge mortgage loans worth a total of $5.5...

read more

Alberta RCMP lay charges in multimillion-dollar fraud case

May 29, 2018 (Courtesy of the Canadian Press) - RCMP have arrested and charged two people in a multi-million dollar fraud case involving hundreds of investors in Alberta. Investigators say two people in Calgary that operated a company called Base Finance Ltd. raised...

read more

Edmonton man charged in $5.5 million Ponzi scheme

July 24, 2018 (Courtesy of CBC.ca) - Edmonton police say they have uncovered a multi-million dollar Ponzi scheme involving hundreds of fraudulent mortgage loans. Police allege Timothy Carruthers facilitated 257 fraudulent bridge mortgage loans worth a total of $5.5...

Allegations of inflated property values at centre of RCMP syndicated mortgage fraud investigation

July 19, 2018 (Courtesy of CBC.ca) -Inflated property values and the promotion of non-qualifying investments as being RRSP-eligible are some of the key allegations made by the RCMP in a search warrant application it filed to authorize an April raid on six Toronto-area...

Alberta RCMP lay charges in multimillion-dollar fraud case

May 29, 2018 (Courtesy of the Canadian Press) - RCMP have arrested and charged two people in a multi-million dollar fraud case involving hundreds of investors in Alberta. Investigators say two people in Calgary that operated a company called Base Finance Ltd. raised...

Mortgage firm that raised funds for Fortress halts operations: FMP advises clients it is surrendering brokerage licence after several developments that have had negative impact

April 27, 2018 ( Courtesy of Globeandmail.com) - A mortgage brokerage firm that raised millions from investors to finance projects for Fortress Real Developments Inc. has notified clients that it is going out of business. FMP Mortgage Investments Inc. sent a letter to...

Fortress used a third of investors’ money for commissions, fees, new documents show

April 24, 2018 (Courtesy of Globeandmail.com) - More than one-third of the money raised from investors to provide syndicated mortgage loans for Fortress Real Developments Inc.'s building projects was paid out as cash commissions to salespeople and as consulting fees...

Edmonton man charged in $5.5 million Ponzi scheme

July 24, 2018 (Courtesy of CBC.ca) - Edmonton police say they have uncovered a multi-million dollar Ponzi scheme involving hundreds of fraudulent mortgage loans. Police allege Timothy Carruthers facilitated 257 fraudulent bridge mortgage loans worth a total of $5.5...

read more

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

Romance & Relationship Fraud