Three Canadians charged with securities fraud for U.S. pump-and-dump scheme

San Diego, USA (September 25, 2020) – The U.S. Attorney’s Office of the Southern District of California laid charges against four men – three of them Canadians – over their roles in an alleged pump-and-dump scheme and a stock market manipulation ring. Ongkaruck...

Three Ottawa snow removal companies face fraud charges

Ottawa (September 21, 2020) – The Ottawa police laid fraud charges against three Ottawa snow removal companies. Investigators accused Snow Vaporizers, Faul Properties, and Altitude Snow Removal of accepting money from customers for snow removal services last winter,...

Barrie man charged with $56 million Ponzi scheme involving debit card terminals

Barrie (September 16, 2020) – The OPP charged the Barrie man, Charles Debono, with fraud, bribery, money laundering, and forgery for an alleged $56 million Ponzi scheme, which supposedly defrauded hundreds of victims over six years. The ‘landmark international fraud...

Toronto counterfeit operation dismantled

Toronto (September 3, 2020) – The Toronto police dismantled a counterfeiting operation and arrested a Toronto man during a search warrant on September 1. Onis Belleus is now facing forgery and fraud charges. He is accused of using the forged documentation to support...

ASC: Two Alberta residents engaged in Bluforest pump and dump scheme

Calgary (August 31, 2020) – The Alberta Securities Commission (ASC) announced that they found that Cem (Jim) Can and Charles Michael Miller engaged in a fraudulent pump and dump scheme using the carbon-offsets marketing company Bluforest Inc. while breaching Alberta...

Former NB deputy attorney general arrested in GTA for fraud

Fredericton (August 28, 2020) – Peel police arrested disbarred lawyer and former New Brunswick deputy attorney general, Yassin Choukri, for fraud on August 26. He was wanted on a Canada-wide warrant by the Fredericton police on eight charges of fraud. Choukri is...

Appeal Court reduced Waterloo fraudster’s sentence

Toronto (August 27, 2020) – The Ontario Court of Appeal reduced the sentence of the convicted fraudster, Daniel Reeve, to ‘time served’. In 2018, the former chief of DPR Financial Inc. was convicted of fraud over $5,000 to 14 years in prison – the maximum sentence for...

Winnipeg man sentenced for immigration fraud

Winnipeg (August 24, 2020) – Winnipeg Provincial Court handed down the sentence on August 21 for Vladimir Bibilov in an immigration fraud case. The court found that the Winnipeg man acted as an unauthorized immigration consultant and fraudulently collected fees from...

Toronto couple charged in cosmetics Ponzi scheme targeting Filipino community

Toronto (August 18, 2020) – Toronto police arrested a man and a woman for an alleged cosmetics Ponzi scheme on August 12. Glenda Esteves (45) and Teddy Lee Esteves (44) from Toronto are accused of defrauding people from Toronto’s Filipino community out of more than...

Former financial planner charged for multi-million-dollar Ponzi scheme

Calgary (August 17, 2020) – Alberta RCMP announced that they laid charges against former financial planner with Espoir Capital, Vernon Fauth, for conducting a multi-million-dollar Ponzi scheme between January 2012 and July 2015. The Alberta Securities Commission (ASC)...

Consumer Fraud