Greater Toronto Area (June 17, 2020) – The York Regional police recovered 40 vehicles stolen or obtained by fraud in the Greater Toronto Area (GTA), which were destined for Libya and Turkey. The police conducted the auto finance fraud investigation in collaboration with the Canada Border Services Agency (CBSA) and the Italian National Police since they seized 30 of the identified vehicles in ports of Italy. The police estimated the total value of the seized vehicles at $1.8 million. Subsequently, York police executed a search warrant at the office of RS Royal Services located in Toronto, where they recovered further evidence and additional vehicles on June 10. The police said the investigation is ongoing.
The York police recovered 40 vehicles that were stolen or fraudulently obtained in the Greater Toronto Area (GTA) as a result of an ongoing auto finance fraud investigation, according to a press release from June 17. The vehicles were destined to be exported to Libya and Turkey. The authorities seized 30 of them in Italian ports.
Auto finance fraud investigation
In April of this year, the Canada Border Services Agency (CBSA) contacted the York police regarding overlapping investigations. The agency found out that a 2018 Audi Q7, which was flagged as suspicious for export, was also involved in an investigation by York police’s Financial Crimes Unit. Thereafter, they discovered several other vehicles, which were destined overseas, whose exports were also flagged.
The final destination of the containers carrying the suspected vehicles was supposed to be Libya and Turkey. However, the investigators found out that they were still on stopovers at two Italian ports in Salerno and Tauro. Subsequently, the officers contacted the authorities in Italy to seize the stolen goods.
40 vehicles recovered
As a result, the collaboration between York police, CBSA, and Italian National police led to the recovery of 40 vehicles, which were previously obtained by fraud or stolen in the GTA. The authorities seized 30 of these criminally obtained vehicles in the ports of Italy. The police estimated their approximate value at $1.5 million. The CBSA seized 10 further vehicles, worth about $300,000, before they left Canada.
They were also working with the Insurance Bureau of Canada (IBC) to have the vehicles returned to Canada, where they will finally be returned to their lawful owners, according to the police press release.
Thereafter, investigators executed a search warrant at the Toronto-based offices of RS Royal Services, on June 10. In the course of the search, officers recovered further evidence and additional vehicles related to the auto finance fraud investigation.
The police said that the investigation is still ongoing. Anyone with information is asked to contact the York Regional Police Financial Crimes Unit at 1-866-876-5423, ext. 6612, or call Crime Stoppers at 1-800-222-tips.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.