Financial adviser ‘manipulated’ brain injured senior into lending him $200K, police allege

Nov. 13, 2018 ( Courtesy of CBC.ca) - A Winnipeg financial adviser is under police investigation for allegedly manipulating his cognitively impaired 78-year-old client into lending him $200,000 under "false pretence," according to documents filed in court....

BCSC alleges $47 million investment fraud by insurance group’s top officers

Nov. 7, 2018 - The British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that three leaders of a once fast-growing insurance group committed fraud by getting hundreds of people to purchase unsecured loan agreements. The BCSC alleges...

Regina woman, Alena Pastuch , accused of $5M fraud must represent herself at her trial

Sept. 18, 2018 ( Courtesy of CBC.ca ) - A Regina woman accused of defrauding investors in Saskatchewan, Alberta and British Columbia of millions will have to represent herself at trial. Alena Pastuch was charged with fraud, theft and laundering the proceeds of crime...

Trial delayed for Regina woman accused of $5M fraud

Sept. 11, 2018 (Courtesy of CBC.ca) -  The trial for a Regina businesswoman accused of defrauding investors millions was supposed to begin Monday morning, but the plan was derailed when Alena Pastuch's lawyer advised the court he could no longer represent her due to a...

Fraud, theft charges laid against man who raised $200K from investors in Red Deer

Aug. 29, 2018 (Courtesy of CBC.ca) - An Alberta man alleged to have fraudulently raised $200,000 from six investors in Red Deer is facing criminal charges after an investigation by the Joint Serious Offences Team (JSOT). Shaun Wayne Howell of Drayton Valley has been...

Central Alberta man charged in ‘elaborate’ $2.6M fracking fraud

July 31, 2018 ( Courtesy of CBC.ca) -  A central Alberta man is facing fraud charges after a five-year investigation and more than $2 million in losses to investors. RCMP say Dane Skinner, 53, misrepresented and advertised a revolutionary fracking product,...

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...

Massachusetts hedge fund manager with ties to Toronto based asset management firm gets six years in prison for fraud

May 7,2018 (Courtesy of Reuters) - A Massachusetts hedge fund manager was sentenced on Thursday to six years in prison for defrauding investors in a scheme that prosecutors said cost his clients over $10.5 million and allowed him to fund a lavish lifestyle. Yasuna...

JSOT criminally charges David Del Bianco with fraud and money laundering

April 27,2018 (Courtesy of Alberta Securities Commission) - The Alberta Securities Commission (ASC) and the Alberta RCMP announced today that David Del Bianco of Calgary, Alberta has been charged with offences under the Criminal Code, following an investigation by the...

Osgoode investor protection clinic receives $80K in court-directed award

April 24, 2018 | Written By Alexia Kapralos - Osgoode Hall Law School’s Investor Protection Clinic has received an $80,000 cy-près award from a class action settlement that will help the clinic remain open throughout the summer. The injection of cash was a “very...

Investment Fraud