A 25-year-old is facing fraud and theft charges following a five month investigation. Ghislain Dugas,…
‘Incorrigible’ fraudsman sentenced to 12 years in prison for Ponzi scheme
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...
Two men arrested in Toronto for alleged Ponzi scheme that took in nearly $1 million
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...
Alberta RCMP lay charges in multimillion-dollar fraud case
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....