Four Calgarians have been charged in connection with a series of mortgage and vehicle financing frauds in which victims were bilked of more than $1 million. Members of the RCMP Calgary serious and organized crime team – with help from the Calgary Police Service’s economic crimes unit and the Financial Transactions and Reports Analysis Centre of Canada or FINTRAC – started investigating a number of alleged financing frauds in December 2013. Police believe the offences took place between September 2013 and December 2014 and victimized financial institutions, private lenders, even home owners, who lost a combined total of more than $1 million.
Read the full article at The Calgary Herald.
