by Marina Burghard | May 28, 2020 | Consumer Fraud, Featured, Financial Fraud, International Fraud, Investment Fraud, Ponzi, Securities Fraud
Vancouver (May 28, 2020) – The British Columbia Securities Commission (BCSC) accused five B.C. residents of helping to promote a U.S. based Ponzi and pyramid scheme in connection with fake gold mining operations. Monita Hung Mui Chan, Sabrina Ling Huei Wei, Justin...
by Marina Burghard | Apr 16, 2020 | Featured, Financial Fraud, Investment Fraud, Ponzi
Toronto (April 16, 2020) – In this week’s court case we look at the sentencing of serial fraudster David Holden by Ontario Superior Court Justice Michael Dambrot on February 7 of this year. Justice Dambrot sentenced Holden to 12 years in prison and ordered him...
by Marina Burghard | Jul 19, 2019 | Featured, Financial Fraud, Investment Fraud, Ponzi, Ponzi Scheme
Toronto (July 19, 2019) – Toronto Police service arrested John James Illidge, 66, on July 12, and Vincent Philips, 74, on July 16 jointly for 18 charges containing fraud, theft, and launder proceeds of crime. In January 2018, the Ponzi scheme fraud investigation...
by Marina Burghard | May 29, 2018 | Mortgage Fraud, Ponzi, Ponzi Scheme
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....