A former investment advisor is facing four counts of fraud for allegedly stealing hundreds of…
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...
Embattled crypto lender Celsius is a ‘fraud’ and ‘Ponzi scheme,’ lawsuit alleges
Crypto lender Celsius artificially inflated the price of its own digital coin, failed to hedge risk and engaged in activities that amounted to fraud, a lawsuit alleges. Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to...
Police release list of suspected fraudulent company names in ‘moving scam
Chatham-Kent police are warning the public of a “moving scam” and how to not fall for it. On May 13, 2022, and June 24, 2022, the police in the region received reports of the scheme. In these incidents, individuals entered a contract with the moving company based out...
Former investment advisor’s fraud motivated by personal gain, court hears
A former Newfoundland and Labrador investment advisor who swindled at least $710,000 from elderly clients over a 13-year period has been ordered to pay the money back and serve a federal prison sentence. Joan McCarthy, 54, worked at MD Financial Management, an...