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

SNC-Lavalin hearing begins for fraud, bribery allegations

Oct 30, 2018 - Charges of bribery and fraud against SNC-Lavalin Group Inc. were tested for the first time in a Montreal courtroom on Monday as prosecutors began laying out their case against Canada’s biggest engineering firm in a preliminary hearing expected to last...

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...

Online scam uses fake endorsements from Canadian media personalities to sell products

by Deborah McCoy | Dec 14, 2018 | Consumer Fraud, Cybercrime, Featured, Online Fraud

Dec. 14, 2018 (Courtesy of ctvnews.ca) - Lisa LaFlamme is not quitting her job to sell skincare products. Neither is Marilyn Denis or Melissa Grelo. But bogus online ads using fake endorsements from several Canadian media personalities have left many shoppers...

OCS warns customers of data accessed in Canada Post breach

by Deborah McCoy | Nov 7, 2018 | Consumer Fraud, Featured, Online Fraud

Nov. 7, 2018 ( Courtesy of citynews.ca) - The Ontario Cannabis Store (OCS) said the shipping information of some of its customers was accessed by an outside source through the Canada Post delivery tracking tool. In a letter sent to the customers on Wednesday, the OCS...

CRA Scams: An Organized Operation In Mumbai Is To Blame For One Of The Biggest Scams In Canada’s History

by Admin | Sep 24, 2018 | Canadian Revenue Agency Scam, Consumer Fraud, Featured

Sept. 24, 2018 (Courtesy of Narcity.com) - Our cell phones go off daily with calls from telemarketers and scammers. How many times have you "won a free cruise" or been asked to buy products over the phone? Too many to count, right? We're sick of it. Thanks to an...

‘Nowhere to live and nowhere to go’: MUN student from Ontario hit by rental scam

by Admin | Sep 10, 2018 | Consumer Fraud, Featured, Online Fraud

Sept. 10 ,2018 (Courtesy of CBC.ca ) - Imagine moving to Newfoundland from another province to study at Memorial University, only to discover upon your arrival that the people at your new rental property have no idea who you are, or what you're talking about. That's...

Treadz Auto owner pleads guilty to $2M vehicle consignment fraud

by Admin | Sep 7, 2018 | Consumer Fraud, Featured, Recent Articles

Sept 7, 2018 ( Courtesy of CBC.ca ) - A Calgary man who bilked dozens of Calgary car owners out of more than $2 million has pleaded guilty to two counts of fraud over $5,000. Sean O'Brien was facing 164 fraud and theft charges in connection to his vehicle consignment...

Father, son, daughter sentenced in $12.5M lotto fraud case

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

Sept. 5, 2018 (Courtesy of CTVnews.ca ) - Three family members who won nearly $12.5 million on a free lottery ticket they had duped a customer at their variety store out of were sentenced Tuesday. Jun-Chul Chung was sentenced to seven years in prison. His daughter,...

Savvy Calgary senior outsmarts scammers in sophisticated phone scheme

by Deborah McCoy | Sep 4, 2018 | Consumer Fraud, Featured

Sept 4, 2018 (Courtesy of CBC.ca ) - A Calgary grandmother outsmarted would-be phone scammers and is now warning others to be cautious of the sophisticated scheme. Anne Buckley was at home on Saturday when she got an unexpected call to her landline. "It was a very...

Reports of CRA extortion scam on the rise

by Deborah McCoy | Aug 30, 2018 | Consumer Fraud, Featured

Aug. 30, 2018 (Courtesy of Citynews.ca) - Stores including pharmacy chain Rexall have started posting warnings about scams involving gift cards as reports about the fraud continue to mount. Fraudsters pretending to be the Canada Revenue Agency (CRA) have been calling...

A 90-year-old ‘grandma scam’ victim took out $10,000 from TD Bank to pay a fraudster — in cash

by Deborah McCoy | Aug 29, 2018 | Consumer Fraud, Featured

Aug. 29, 2018 (Courtesy of thestar.ca) - At 90 years old, Elizabeth Mary Mahoney is active and resourceful. Knee replacements haven’t slowed her down. She lives alone in her rented Toronto condo near High Park, takes long walks, rides the TTC and attends an...

Albertans Losing Record Amounts to Scam Artists

by Deborah McCoy | Aug 28, 2018 | Consumer Fraud, Featured

Aug. 28, 2018 ( Courtesy of discoverairdrie.com) - Albertans are being scammed out of record amounts of money by what a member of the Better Business Bureau calls "knowledgeable and sophisticated" scammers. Jennifer-Kay Thomas, External Communications Specialist with...

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....

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