Corporate Fraud - Canadian Fraud News Inc. | Fraud related news

Undaunted by creditors and fraud charges, Peter Pocklington launches pot company

July 20, 2018 ( Courtesy of CBC.ca) - Former Edmonton Oilers owner Peter Pocklington still owes the Alberta government more than $13 million from an unpaid 1988 loan for a failed meat-packing plant. In Arizona, Pocklington and an associate have so far reneged on...

Mammoliti, TPA execs ‘actively’ pushed land deal with inflated $12M price tag, secret report says

May 2, 2018 (Courtesy of cbc.ca) - Coun. Giorgio Mammoliti and several executives from the Toronto Parking Authority (TPA) pushed hard for a deal that would have seen the public overpay by about $2.6 million for a piece of land in the councillor's ward, says a secret...

Ecuadorians Challenge Chevron Over $9.5B Award In Canadian Court

April 17, 2018 (Courtesy of oilprice.com) - Ecuadorian farmers and indigenous people will seek to show an Ontario Court of Appeal this week that Chevron Canada is legally liable for a US$9.5-billion award that the Ecuadorians won against the U.S. parent Chevron Corp...

Vancouver man convicted of fraud in U.S. after companies solicited more than $18M from 60,000 people

April 2 2018 (Courtesy of cbc.ca) A Vancouver man accused of bilking thousands of seniors in the U.S. — and who fought extradition for more than a decade — has been convicted of mail and wire fraud by a Los Angeles federal jury. On Thursday, a jury convicted Mark...

Ontario woman allegedly funnels over $600,000 from her employer to charities

March 14, 2018 (Courtesy of The Canadian Press) - A 52-year-old Ontario woman is facing fraud charges after allegedly funneling over $600,000 of her employer’s money into bank accounts for charities of which she was a board member. Kingston police say the woman was...

More than Half of Canadian Companies Say They Have Been Victims Of Fraud In The Last Two Years

March 8, 2018 (courtesy of Globalnews.ca )More than half of Canadian companies have experienced fraud in the past two years — that’s up 18 per cent from 2016. The findings, presented in the “Economic Crime and Fraud Survey” by accounting firm PriceWaterhouseCoopers,...

Unpublished data shows India’s fraud problems extend far beyond PNB and initial billion dollar fraud

Investors may have been shocked when one of India’s biggest banks disclosed a $1.77 billion fraud by a billionaire jeweler, but the central bank has recorded data that shows the problem runs far deeper and wider. Reserve Bank of India (RBI) data, which a Reuters...

Allegations of fraud prompt meeting of Ontario PC Party’s nomination committee

Allegations of voter fraud and voter irregularities during several Ontario PC nomination races have led to an unscheduled meeting of the party's nomination committee. The party leader's office would not say what exactly prompted the meeting or how many nomination...

Bell Canada Data Breach Could Be ‘Stepping Stone’ To More Fraud, Espionage: Expert

The recent Bell Canada data breach might not have contained any compromised financial information, but it could still create "stepping stones" to more serious cases of fraud and espionage, according to a cybersecurity expert. On Tuesday, the company alerted...

Journalists could take stand in high-profile Montreal fraud case

A judge will deliberate on whether two journalists will be forced to take the stand to reveal confidential sources in the Nathalie Normandeau and Marc-Yvan Côté fraud case. Côté’s lawyer, Jacques Larochelle, has been trying to get the case thrown out based on leaks to...

Man faces charges for making and selling fake transit passes in Calgary

by Deborah McCoy | Aug 3, 2018 | Consumer Fraud, Featured

Aug 3, 2018 ( Courtesy of CTVnews.ca ) - Calgary police have charged a man after a lengthy investigation led to the discovery of more than $1 million in fake transit passes. The year-long investigation involved nine search warrants and eventually led to arrest of a...

Don’t fall for ‘gifting cloud’ pyramid schemes, warn Drumheller RCMP

by Deborah McCoy | Jul 19, 2018 | Consumer Fraud, Featured, Recent Articles

July 19,2018 (Courtesy of CBC.ca) - Drumheller RCMP have issued a warning following what they say is an increase in invitations to participate in "gifting cloud" pyramid schemes in the southern Alberta town. The events, also known as "pay-it-forward clouds" or...

Real police say fake Mounties weren’t actually involved in scam of B.C. woman

by Deborah McCoy | Jun 25, 2018 | Consumer Fraud, Featured, Recent Articles

June 25, 2018 (Courtesy of the Canadian Press) -Vancouver police say a woman who claimed to have been arrested by fake police officers in a fraud scheme exaggerated her report. Police now say that the woman was never physically approached by people claiming to be...

Scam calls target Chinese community, fraud busters warn

by Deborah McCoy | Jun 21, 2018 | Consumer Fraud, Phone Scam

June 21, 2018 Courtesy of Ottawacitizen.com) - The Canadian Anti-Fraud Centre has issued a bulletin warning that people in Canada are being targeted with calls claiming to come from the Beijing police, Interpol, the Chinese embassy or a delivery firm with a suspicious...

Court docs claim vehicle fraud involving more than 100 vehicles

by Deborah McCoy | May 17, 2018 | Consumer Fraud, Financial Fraud

May 17, 2018 (courtesy of CTV.ca) - An Edmonton car dealership has taken legal action against an Edmonton man, and a number of companies he is involved with, after more than 33 vehicles were taken from the dealership’s lot earlier this year. A Statement of Claim...

Fraudsters ‘spoof’ RCMP’s phone number in tax scam

by Deborah McCoy | May 16, 2018 | Consumer Fraud, Fraud Prevention, Tax Fraud

May 16, 2018 (Courtesy of the Ottawa Citizen ) - The RCMP isn’t making calls claiming taxpayers owe big and will be under arrest if they don’t pay up via money transfer, the force is warning. It’s a scam and the calls, in which fraudsters impersonate police officers,...

Solar panel business owner changes pleas to guilty in fraud case

by Deborah McCoy | May 15, 2018 | Consumer Fraud, Featured, Recent Articles

May 15, 2018 (courtesy of CBC.ca) - A Dartmouth businessman has changed his plea to guilty on two counts of fraud in a case in which several customers claim they lost thousands of dollars when they paid for solar panels that were never delivered. Barry Pincock, 51, of...

Canadian fraud victims could get some of $586M US Western Union settlement

by Deborah McCoy | May 2, 2018 | Consumer Fraud, Featured, Financial Fraud

U.S. ruling found company failed to properly protect customers against fraudsters May 2, 2018 (Courtesy of CBC.ca) - Police departments across Canada are informing fraud victims who sent funds through Western Union that they may be eligible to get some of their money...

Winnipeg funeral home operator charged with forgery and fraud

by Deborah McCoy | May 1, 2018 | Consumer Fraud, Financial Fraud

May 1 2018 (courtesy of globalnews.ca) -A former funeral home operator has been charged with two dozen counts of forgery and fraud. Winnipeg Police have accused Mike Knysh of stealing $35,000 from Manitobans who purchased pre-paid funeral plans from Knysh Funeral...

Ecuadorians Challenge Chevron Over $9.5B Award In Canadian Court

by Deborah McCoy | Apr 17, 2018 | Consumer Fraud, Corporate Frauds, Featured

Be wary when donating online after tragedies, says Better Business Bureau

by Deborah McCoy | Apr 12, 2018 | Consumer Fraud, Featured, Recent Articles

April 12, 2018 (Courtesy of CBC.ca)As Canadians continue what's been described as an unprecedented outpouring of financial support in the wake of the Humboldt Broncos bus crash, the Better Business Bureau is cautioning people to be cautious when donating money online....

Former funeral home director accused of defrauding victims of nearly $400K: OPP

by Deborah McCoy | Apr 9, 2018 | Consumer Fraud, Featured, Investment Fraud, Recent Articles

April 9, 2018 (courtesy of The Canadian Press) - A former funeral home director is facing a number of charges after allegedly defrauding the families of people who had pre-paid for their arrangements. Provincial Police Sgt. Peter Leon says the investigation centred on...

Bitcoin-based tax fraud ramping up in Canada, expert says

by Deborah McCoy | Mar 28, 2018 | Consumer Fraud, Featured, Tax Fraud

March 28, 2018 (Courtesy of itworld.com) - Fraud campaigns during tax season are nothing new, but according to the VP and country manager for Symantec Canada, it’s at an “all-time peak” in Canada, and fraudsters have fallen in love with a new tool: Bitcoin. “We’re...

Canadians continue to be fooled by website that mimics government agency

by Deborah McCoy | Mar 27, 2018 | Consumer Fraud, Featured, Immigration Fraud, Recent Articles

Paying hundreds of dollars, Canadians share personal and passport information with online companies March 27, 2018 (Courtesy Of CBC.ca) - More than a year after CBC Toronto wrote about a website that has Canadians sharing personal information, passports and credit...

Member of ‘social group’ wanted in alleged $10M Toronto fraud ring handed over to police

by Deborah McCoy | Mar 22, 2018 | Consumer Fraud, Featured

Police say Mickie Noah was a member of the ring and the group of 'high roller' Nigerian ex-pats that used the proceeds to fund a lavish lifestyle in downtown Toronto March 22, 2018 (Courtesy of NationalPost.com) - Something was different about the man known as Mickie...

Police urge potential fraud victims to keep lines of communication open with family, police

by Deborah McCoy | Mar 19, 2018 | Consumer Fraud, Featured

The top thing people should do to avoid being a victim of fraud is communicate with others, be it family members or police, says a staff sergeant with the Saskatoon police economic crimes unit. March 19,2018 - “You have a scammer and the victim — there’s no person in...

Toronto Hydro is warning customers about several scams

by Deborah McCoy | Mar 5, 2018 | Consumer Fraud, Featured

March 5, 2018 (Courtesy of CNW) - March is Fraud Prevention Month, and Toronto Hydro is reminding customers to be on their guard, as there are currently several scams in operation. Since October, we've received 450 reports of fraudulent activity from our customers...

Werth Solar owner Barry Pincock arrested for 5 fraud charges

by Devin Jones | Feb 24, 2018 | Consumer Fraud, Recent Articles

Some unsatisfied solar-panel customers who went to police claiming they'd been ripped off say it's a brighter day now that the man they accuse has been charged. Barry Pincock, 49, of Dartmouth, N.S., appeared in court Friday on five charges of fraud — four counts over...

Fraud suspect rented nonexistent downtown parking spots: Police

by Devin Jones | Feb 22, 2018 | Consumer Fraud, Recent Articles

City police say a 32-year-old Ottawa man is now wanted on a fraud charge for allegedly renting out spaces in the core that didn’t actually exist. They’ve obtained an arrest warrant for Daniel MacKay on charges of fraud under $5,000 and breach of recognizance. Police...

Pacific Mall says it will take measures to stop counterfeit, pirated good sales

by Devin Jones | Feb 21, 2018 | Consumer Fraud, Recent Articles

Pacific Mall management announced on Tuesday they will be conducting an internal investigation and sending warnings to store owners after a U.S. government report listed the Markham-based mall as one of the most notorious sources of pirated and counterfeit goods in...

Three F-Rated Canadian businesses are targeting American consumers in online sales fraud

by Devin Jones | Feb 20, 2018 | Consumer Fraud, Recent Articles, Uncategorized

BBB serving Mainland British Columbia is warning consumers to be wary about using one of three local online businesses that are amassing numerous complaints and have stopped responding to BBB communications. Storehouse Products dot com, Hobbies Discount dot com, and...

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