Toronto Police Financial Crimes unit is currently investigating a gemstone investment fraud that has left…
‘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...
Nova Scotia warns public of crypto scam resulting in ‘unrecoverable’ losses
The Nova Scotia Securities Commission is warning residents of a crypto scam, which it says is often cruelly referred to as a “pig butchering” scheme. The commission said in a Monday morning release the scam is causing “individual losses of hundreds...
Two people wanted after Toronto home sold without consent of owners
Toronto Police are requesting the public’s help in identifying two people after releasing photos of a couple they allege were involved in mortgage fraud. Authorities say during the month of January 2022, the owners of a Toronto property were out of the country on...
FTX founder Sam Bankman-Fried pleads not guilty in fraud case
Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange. Bankman-Fried is accused of looting billions of dollars in FTX customer deposits to support his Alameda Research hedge fund,...
Toronto police warn about ‘black money scam’ after suspect arrested in robbery and fraud investigation
Toronto police are warning the public about a “black money scam” after making an arrest in a robbery and fraud investigation and locating a large sum of counterfeit bills. On Dec. 22, officers responded to a robbery at Danforth and Greenwood avenues. A man allegedly...