First Nation in Atlin, B.C., accuses former business head of stealing $540K

Lawsuit filed to B.C. Supreme Court alleges Peter Kirby made improper payments to himself. The Taku River Tlingit First Nation in Atlin, B.C. is suing the former head of its business arms, accusing him of embezzling more than half a million dollars and depositing it...

Details on chargeback fraud

A financial technology company is offering tips to protect against chargeback, which it says has climbed steadily during the pandemic. Chargeback occurs when a customer disputes a card purchase and successfully has the payment refunded, but is often a fraud. Moneris‘...

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? Someone...

OPP charged nine people in private career college scheme

Markham (November 18, 2020) – The OPP charged nine people with multiple fraud related offenses in connection with a private career college scheme. The nine individuals were employees and a former student of the Royal Institute of Science Management (RISM) in Markham....

Winnipeg funeral director charged with fraud in connection with prepaid funeral plans

Winnipeg (November 9, 2020) – The Winnipeg police charged former local funeral director, Chad Robert Wheeler, for defrauding families out of their prepaid funeral costs. He has been charged with Fraud Over $5,000. 76 prepaid funeral plans were sold at Wheeler Funeral...

BEC scammer tried to dupe government of Northwest Territories with invoice fraud

Yellowknife (October 27, 2020) – A BEC (Business Email Compromise) scammer attempted to dupe the Government of the Northwest Territories (GNWT) using invoice fraud. The RCMP explained that a business partner of the GNWT was the subject of a phishing attack. The...

Calgary man, wanted for multimillion-dollar funding scam, turned himself in after returning from Czech Republic

Lethbridge (September 28, 2020) – The Calgary man, Josef Korec, who was wanted for his role in a multimillion-dollar funding scam, turned himself in to Lethbridge police on September 23 after returning from the Czech Republic. Two months ago, the Lethbridge...

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...

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...

Charges laid against two Montreal brothers related to high-profile cyberattacks

Montreal (September 10, 2020) – The RCMP charged two Montreal men, Jacob Costanzo-Peterson and Félix Costanzo-Peterson, for conducting high-profile cyberattacks against Canadian Tire Corporation, BMO, and Simplii Financial in 2017 and 2018. In August 2018, the two...

Corporate Fraud

Multiple incidents of taxi fraud scams reported in Toronto

Multiple incidents of taxi fraud scams reported in Toronto

Toronto police warn the public of ongoing taxi fraud scams in the city and advising that all riders be extra vigilant when riding in a cab. According to a public safety alert from police, multiple taxi fraud scams have been reported in Toronto recently, and the incidents closely resemble the scams that saw six people arrested for stealing millions from unsuspecting customers around the GTA in January of 2019.

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

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...

read more