Investor Notices:
Quebec network of romance fraudsters dismantled
Montreal (September 18, 2020) – The Sûreté du Quebec announced this week that they dismantled a vast network of romance fraudsters. On September 15, the Quebec provincial police made a dozen arrests in the regions Quebec City, Montreal, and the Outaouais in connection...
Courtice couple charged for participating in Canada-wide lottery scam
Courtice (September 17, 2020) – The Durham Regional Police arrested a Courtice couple – both in their seventies – for allegedly participating in a Canada-wide lottery scam. The police identified eleven victims until now. The price scam allegedly targeted elderly...
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...
Former MP Raj Grewal charged with fraud and breach of trust
Ottawa (September 14, 2020) – The RCMP laid charges against the former Liberal MP Raj Grewal in a fraud and breach of trust investigation. He is accused of taking millions of dollars in personal loans using his political position without reporting to the federal...
19-year-old allegedly used fake ID to buy expensive SUV
Ajax (September 11, 2020) – The Durham Regional Police arrested a 19-year-old woman on September 5 after she allegedly purchased a Land Rover Velar at an Ajax dealership using a fake ID. The car is worth more than $85,000. The Niagara Falls woman has been charged with...
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...
Cambridge woman arrested for alleged online puppy scam
Cambridge (September 9, 2020) – The Waterloo police arrested a Cambridge woman and charged her with several fraud-related offenses in connection with an alleged online puppy scam. She is accused of defrauding ten victims, who were responding to fake online...
Vancouver man charged with criminal fraud and theft after securities probe
Richmond (September 8, 2020) – The RCMP arrested Vancouver man, William Everett Graham, on August 26 after a securities probe. The British Columbia Securities Commission (BCSC) announced that his offenses allegedly took place at a Richmond business and that Graham has...
Four people arrested for paramedical clinic scheme
Brampton (September 4, 2020) – The Peel Regional Police arrested and charged four people with defrauding the public. The police accused Mohammad Omar Mansoury (32), Homayra Mansoury (27), Rameen Wida (38), and Mohammed Sobhan Mansoury (23) of being involved in...
Toronto counterfeit operation dismantled
Toronto (September 3, 2020) – The Toronto police dismantled a counterfeiting operation and arrested a Toronto man during a search warrant on September 1. Onis Belleus is now facing forgery and fraud charges. He is accused of using the forged documentation to support...
A COVID-Like Sentence for Forgery and Possession of Stolen Property
Dustin Shaun Grandinetti, 41 of Edmonton Alberta, Given a COVID Like Sentence for Forgery and Possession of Stolen Property On July 17, 2020, the Alberta Court of Queen’s Bench, sentenced Dustin Shaun Grandinetti, 41 years old of Edmonton, Alberta, to 18 months of...
ASC: Two Alberta residents engaged in Bluforest pump and dump scheme
Calgary (August 31, 2020) – The Alberta Securities Commission (ASC) announced that they found that Cem (Jim) Can and Charles Michael Miller engaged in a fraudulent pump and dump scheme using the carbon-offsets marketing company Bluforest Inc. while breaching Alberta...
Former NB deputy attorney general arrested in GTA for fraud
Fredericton (August 28, 2020) – Peel police arrested disbarred lawyer and former New Brunswick deputy attorney general, Yassin Choukri, for fraud on August 26. He was wanted on a Canada-wide warrant by the Fredericton police on eight charges of fraud. Choukri is...
Appeal Court reduced Waterloo fraudster’s sentence
Toronto (August 27, 2020) – The Ontario Court of Appeal reduced the sentence of the convicted fraudster, Daniel Reeve, to ‘time served’. In 2018, the former chief of DPR Financial Inc. was convicted of fraud over $5,000 to 14 years in prison – the maximum sentence for...
Winnipeg man sentenced for immigration fraud
Winnipeg (August 24, 2020) – Winnipeg Provincial Court handed down the sentence on August 21 for Vladimir Bibilov in an immigration fraud case. The court found that the Winnipeg man acted as an unauthorized immigration consultant and fraudulently collected fees from...
Credential stuffing attacks paralyze government online services
August 21, 2020 – The public online services of the government of Canada were recently under a series of cyberattacks. So-called credential stuffing attacks mounted on the GCKey service and the Canada Revenue Agency (CRA) accounts to fraudulently obtain government...
Toronto couple charged in cosmetics Ponzi scheme targeting Filipino community
Toronto (August 18, 2020) – Toronto police arrested a man and a woman for an alleged cosmetics Ponzi scheme on August 12. Glenda Esteves (45) and Teddy Lee Esteves (44) from Toronto are accused of defrauding people from Toronto’s Filipino community out of more than...
Former financial planner charged for multi-million-dollar Ponzi scheme
Calgary (August 17, 2020) – Alberta RCMP announced that they laid charges against former financial planner with Espoir Capital, Vernon Fauth, for conducting a multi-million-dollar Ponzi scheme between January 2012 and July 2015. The Alberta Securities Commission (ASC)...
713 reports of identity fraud involving CERB
August 14, 2020 – Since spring, scammers have been using Canadian’s personal data to defraud the emergency programs such as the Canada Emergency Response Benefit (CERB) set up by the government to quickly provide money to people who lost their jobs during the COVID-19...
Three Quebec men arrested in identity fraud investigation
Norway House (August 12, 2020) – The Norway House RCMP arrested three men from Quebec in connection with identity fraud after conducting a traffic stop on August 6. The Mounties found 70 counterfeit IDs, a large amount of cash, multiple cellphones, and pepper spray....
Former Watson Lake mayor charged with cheque fraud
Watson Lake (August 11, 2020) – The Yukon RCMP laid charges against former Watson Lake mayor Cheryl O’Brien in connection with a fraud investigation on August 7. She is accused of fraudulently depositing business cheques into a personal bank account. She has been...