Regional police services across Canada have issued warnings about fraudulent investment schemes involving Bitcoin, an encrypted…
RCMP Crime Analysts identify recent trend where businesses are targeted in credit card fraud
Saskatchewan and Alberta RCMP Crime Analysts have identified a recent trend that all business owners should be aware of: a number of businesses across Western Canada have been victims of similar high-dollar frauds in the last six months. What’s been happening?...
Compensation available to certain victims of decade-old fraud scheme
Almost 11 years ago a pair of respondents to an Ontario Securities Commission (OSC) enforcement proceeding reached settlements with the regulator that included disgorgement. Now, investors who lost money are being invited to file claims to recover their losses. The...
Calgary-based financial advisor charged in multimillion-dollar fraud
A Calgary-based financial advisor has been charged amid allegations that he carried out a multimillion-dollar fraud and collected secret commissions, RCMP say. The Alberta RCMP Integrated Market Enforcement Team (IMET) said Monday that Jeffrey Ber, 38, has been...
Even after Madoff’s death, work to unwind epic fraud goes on
June 7, 2021 – More than 12 years after Madoff confessed to running one of the biggest financial fraud in Wall Street history, a team of lawyers is still at work on a sprawling effort to recover money for the thousands of victims of his scam. Their labors, which...
Investment scams imitating well-known financial brands, CSA warns
June 1, 2021 – The Canadian Securities Administrators (CSA) is warning the public about scammers claiming to represent large, well-known financial companies. Recently, the CSA has noted an increase in the number of scams involving the use of professional looking...