Breaking News
Breaking News
Three common business scams—and how you can avoid them
Scammers are always coming up with new ways to target businesses, so it’s important for all employees to be vigilant Just as scammers are always...
Ontario crypto king allegedly kidnapped, tortured in an attempt to get millions in ransom, documents say
Ontario’s self-described crypto king was allegedly abducted, tortured, and beaten for days as his kidnappers looked to solicit millions in ransom,...
The biggest CRA-related scams to watch for this tax season
Victims often realize immediately after they've been tricked that they've fallen for a scam While Canadians are preparing their tax returns,...
700 Indian Students In Canada Face Deportation On ‘Fake College Admission Letters’
Over 700 Indians in Canada face deportation after their college entrance offer letters, on which they entered the country on a study visa three to...
Information Wanted
Six Indians charged in multimillion-dollar tech scam in US, Canada
New York: Five Indian men and a woman have been charged in connection with a transnational technical support scam that targeted more than 20,000 victims, many of them elderly, in the US and Canada. Gagan Lamba, 41, and Harshad Madaan, 34, from New Delhi; Jayant...
Five contractors charged in Canadian social housing renovation fraud
In a rare preferred indictment that could have a ripple effect across Canada, five contractors in Manitoba have been charged in a conspiracy to commit fraud in social housing renovation projects. The federal government’s Competition Bureau announced Monday that the...
Denise Henn’s Fraud Sentence Reduced on Appeal
On November 8, 2022, the Ontario Court of Appeal reduced a bookkeeper’s fraud sentence from 12 month custodial to a two-year conditional sentence (house arrest) plus probation plus a $45,000 restitution order. Denise Henn’s original sentence was imposed by...
BC court awards $742K in damages to intimacy scam
A property in Vancouver’s Fairview neighborhood, a poor line of credit, a trusted French man and an elderly couple he believed to be pseudo-parents are at the center of a messy legal battle in the B.C. Supreme Court. On October 5, Justice Warren Millman ordered the...
Peel police looking for 20-year-old accused of fraud
Peel police are looking for a 20-year-old man wanted on a charge of defrauding the public. From June to August, multiple victims across the Greater Toronto Area, including Peel, have reportedly lost thousands of dollars to a contractor who promised driveway repairs,...
Information Wanted on Aiden Pleterski and Mitchell Learning of Ajax, Ontario
The Toronto based law firm Investigation Counsel PC, Fraud Recovery Lawyers, is asking anyone who transferred funds to Aiden Pleterski of Whitby, Ontario, or had dealings with Mitchell Learning in the context of the foreign exchange investment scheme of Aiden Pleterski to contact them confidentially.
Information Wanted on Aiden Pleterski of Ajax, Ontario – Ponzi Scheme Foreign Exchange Investment Scheme
The Toronto based law firm Investigation Counsel PC, Fraud Recovery Lawyers, is asking anyone who transferred funds to Aiden Pleterski of Whitby, Ontario, to contact them confidentially. Inquiries can be made to D. Slenys at dslenys@investigationcounsel.com. On June...
Crypto Currency Fraud
Six Indians charged in multimillion-dollar tech scam in US, Canada
New York: Five Indian men and a woman have been charged in connection with a transnational technical support scam that targeted more than 20,000 victims, many of them elderly, in the US and Canada. Gagan Lamba, 41, and Harshad Madaan, 34, from New Delhi; Jayant...
Five contractors charged in Canadian social housing renovation fraud
In a rare preferred indictment that could have a ripple effect across Canada, five contractors in Manitoba have been charged in a conspiracy to commit fraud in social housing renovation projects. The federal government’s Competition Bureau announced Monday that the...
Denise Henn’s Fraud Sentence Reduced on Appeal
On November 8, 2022, the Ontario Court of Appeal reduced a bookkeeper’s fraud sentence from 12 month custodial to a two-year conditional sentence (house arrest) plus probation plus a $45,000 restitution order. Denise Henn’s original sentence was imposed by...
BC court awards $742K in damages to intimacy scam
A property in Vancouver’s Fairview neighborhood, a poor line of credit, a trusted French man and an elderly couple he believed to be pseudo-parents are at the center of a messy legal battle in the B.C. Supreme Court. On October 5, Justice Warren Millman ordered the...
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual currency called My Big Coin with lies and half-truths. Federal...
‘Everything is fake’: how global crime gangs are using UK shell companies in multi-million pound crypto scams
Awoman meets a man online. They flirt. Then, after a few weeks, they begin imagining a future together. Fast forward a few months and one of them has had their heart broken and been defrauded of their life savings. It sounds like a classic romance scam, but it isn’t....
This ‘Cryptoqueen’ scammed investors out of $4 billion, the FBI says. Then she boarded a plane and disappeared
Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed, fireballs erupted and Alicia Keys’ “Girl on Fire” blared through the speakers. “Looks like a girl, but she’s a flame. So bright, she can burn your...
Breaking Court Decisions
Six Indians charged in multimillion-dollar tech scam in US, Canada
New York: Five Indian men and a woman have been charged in connection with a transnational technical support scam that targeted more than 20,000 victims, many of them elderly, in the US and Canada. Gagan Lamba, 41, and Harshad Madaan, 34, from New Delhi; Jayant...
Five contractors charged in Canadian social housing renovation fraud
In a rare preferred indictment that could have a ripple effect across Canada, five contractors in Manitoba have been charged in a conspiracy to commit fraud in social housing renovation projects. The federal government’s Competition Bureau announced Monday that the...
Denise Henn’s Fraud Sentence Reduced on Appeal
On November 8, 2022, the Ontario Court of Appeal reduced a bookkeeper’s fraud sentence from 12 month custodial to a two-year conditional sentence (house arrest) plus probation plus a $45,000 restitution order. Denise Henn’s original sentence was imposed by...
BC court awards $742K in damages to intimacy scam
A property in Vancouver’s Fairview neighborhood, a poor line of credit, a trusted French man and an elderly couple he believed to be pseudo-parents are at the center of a messy legal battle in the B.C. Supreme Court. On October 5, Justice Warren Millman ordered the...
Amanda Diane Durette-Acker of New Brunswick Sentenced to 12 Months Jail for On-Line Dating Fraud
Staff Reporter, Canadian Fraud News Inc. On January 29, 2021, Justice Cameron Gunn sentenced New Brunswick native Amanda Diane Durette-Acker to 12 months jail for perpetrating a $130,000 on-line dating fraud on an Edmonton man. The published decision was not released...
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions of dollars by marketing a virtual currency called My Big Coin with lies and half-truths. Federal...
Six Indians charged in multimillion-dollar tech scam in US, Canada
New York: Five Indian men and a woman have been charged in connection with a transnational technical support scam that targeted more than 20,000 victims, many of them elderly, in the US and Canada. Gagan Lamba, 41, and Harshad Madaan, 34, from New Delhi; Jayant...
Five contractors charged in Canadian social housing renovation fraud
In a rare preferred indictment that could have a ripple effect across Canada, five contractors in Manitoba have been charged in a conspiracy to commit fraud in social housing renovation projects. The federal government’s Competition Bureau announced Monday that the...
Investment Fraud
LSO tribunal considers Indigenous background in sentencing lawyer for misappropriation of funds
First misappropriation case where unique circumstances led to lesser penalty than license revocation. The Law Society of Ontario has obtained an eight-month suspension order against an Indigenous lawyer who admitted to misappropriating over $100,000 from her firm’s...
Woman who posed as inspector to steal from Toronto long-term care home arrested: police
Police have confirmed the arrest of a 39-year-old woman alleged to have fraudulently entered a Toronto long-term care home to steal debit and credit cards.
Toronto businessman accused of $12M pandemic Ponzi scheme found and charged with fraud
A Toronto businessman accused of orchestrating a $12-million pandemic-related Ponzi scheme was arrested and charged with fraud by Toronto police on Monday, just hours after investigators discovered his location, CBC News has learned. Mark E. Cohen's whereabouts...
MoneySmart Manitoba releases real fraud calls to raise awareness about the prevalence of investment fraud
MoneySmart Manitoba has launched a campaign called "Time to Call Out Fraud" to raise awareness about the prevalence of investment fraud and explain why people don't speak up about the occurrence. The initiative coincides with Financial Literacy Month which takes place...
‘Be aware of warning signs’: Tecumseh resident loses $70,000 in online investment scheme
Essex County OPP are warning the public to be vigilant after a Tecumseh resident was defrauded of over $70,000 by investing in Crypto currency with an online Crypto currency brokerage. At this time, police say the victim is not able to retrieve their money from the...
Luxury cars seized from 23-year-old ‘Crypto King’ as investors try to recoup millions
Aiden Pleterski and his company allegedly owe $35M to more than 140 investors. Two McLarens, two BMWs and a Lamborghini make up just a few of the $2 million worth of assets seized from a 23-year-old from Whitby, Ont., as his investors try to recoup millions of dollars...
If you have been a victim of fraud we can help. We specialize in Fraud Recovery Litigation. Contact us for an assessment
Online Fraud
Amanda Diane Durette-Acker of New Brunswick Sentenced to 12 Months Jail for On-Line Dating Fraud
Staff Reporter, Canadian Fraud News Inc. On January 29, 2021, Justice Cameron Gunn sentenced New Brunswick native Amanda Diane Durette-Acker to 12 months jail for perpetrating a $130,000 on-line dating fraud on an Edmonton man. The published decision was not released...
If fraudsters don’t pay court ordered restitution in Ontario it’s up to victims to try to collect
Unclear how much of nearly half a billion in restitution ordered for Ontario fraud victims is actually paid. arin Smith and her then husband were just trying to pay off their mortgage a little faster. But after the investment opportunity they agreed to in...
Three arrested in massive hacking, data theft and blackmail probe
Amsterdam’s cyber crime police team has arrested three young men as part of a major investigation into hacking, data theft, blackmail and money laundering involving the private details of tens of millions of people. The three, aged 21 and 18, were picked up on...
SEC charges Do Kwon, Terraform with fraud in connection with Terra collapse
The SEC charged Terraform and its CEO Do Kwon with defrauding investors. Kwon and Terraform perpetrated a "multi-billion" dollar fraud against investors as part of marketing the TerraUSD and luna coins, which collapsed in May 2022. Kwon is a fugitive, and may be in...
Pitfalls of an online marketplace: RNC wants people to inform police about potential online fraud cases
Recent case in St. John's court highlights pitfalls of online marketplaces. A provincial court judge has agreed to postpone — again — the sentencing of a St. John’s man found guilty of scamming people on Facebook Marketplace, though the judge was clear he wasn’t happy...
Russian-Canadian man arrested, awaiting U.S. extradition for alleged global ransomware crimes
A Russian-Canadian man from Ontario is in police custody and awaiting extradition to the United States for his alleged participation in a global ransomware campaign, the U.S. Department of Justice announced Thursday. Mikhail Vasiliev, a 33-year-old dual Russian and...
Are You a Newcomer to Canada? Watch Out For These Scams
Canada has a reputation for being one of the most welcoming countries in the world for immigrants. But not everyone here wants to see you succeed. For Canada’s current generation of thieves, immigrants — even those who haven’t yet arrived in the country — make ideal...
Canadians down $360 million to scams this year; police warn of social-media fraud
Canadians have lost hundreds of millions of dollars to scams this year, and the Saskatchewan RCMP is warning the public about a trick involving social media accounts that you might normally trust. The Canadian Anti-Fraud Centre's records say $362.7 million has been...
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Mortgage Fraud
6 plaintiffs from Toronto’s Chinese community accuse broker of mortgage fraud
It's been more than three years, but Yan Ting "Tina" Li says she still remembers meeting Po Yuk "Peggy" Chan at a Thanksgiving party. The 45-year-old mother of four says Chan struck her as compassionate and pious, and took an instant liking to her. "I thought she was...
How organized crime has mortgaged or sold at least 30 GTA homes without owners’ knowledge
Future of title insurance could be at risk if this real estate fraud trend continues. A year ago, Melissa Walsh says police assured her family it only happened to them. Fraudsters nearly sold her great uncle's east end Toronto home without the family's knowledge. "We...
How thieves stole a Toronto condo in ‘total title fraud’, selling it for $970,000
The professional photographs posted on a property tour website last year show Moffy Yu's condo in downtown Toronto, a light-filled two-bedroom home with floor-to-ceiling windows framing sweeping views from the tallest residential tower in Canada. Documents provided by...
Founders of mortgage investment firm Fortress Real Developments Inc. charged with fraud
The Royal Canadian Mounted Police have charged two men with fraud in connection with a syndicated mortgages scheme involving Fortress Real Developments, following a years-long investigation. Jawad Rathore of Markham, Ont., and Vince Petrozza of Richmond Hill, Ont.,...
Multi-layered door-to-door sales scam could cost you your home
"A person visits you and says you have won a class-action lawsuit regarding the installation of your equipment and the money can only be used toward renovations to your home" Ontario's Serious Fraud Office (SFO) is shining a light on a multi-layered door-to-door sales...
Ontario regulator warns real estate agents to watch for signs of fraudulent home sales
The body that regulates Ontario's 100,000 real estate agents and brokers is urging them to be more vigilant when verifying the identity of a client, amid a wave of fraudulent home sales and mortgages in the Toronto area. The Real Estate Council of...
Consumer Fraud
6 plaintiffs from Toronto’s Chinese community accuse broker of mortgage fraud
It's been more than three years, but Yan Ting "Tina" Li says she still remembers meeting Po Yuk "Peggy" Chan at a Thanksgiving party. The 45-year-old mother of four says Chan struck her as compassionate and pious, and took an instant liking to her. "I thought she was...
How organized crime has mortgaged or sold at least 30 GTA homes without owners’ knowledge
Future of title insurance could be at risk if this real estate fraud trend continues. A year ago, Melissa Walsh says police assured her family it only happened to them. Fraudsters nearly sold her great uncle's east end Toronto home without the family's knowledge. "We...
How thieves stole a Toronto condo in ‘total title fraud’, selling it for $970,000
The professional photographs posted on a property tour website last year show Moffy Yu's condo in downtown Toronto, a light-filled two-bedroom home with floor-to-ceiling windows framing sweeping views from the tallest residential tower in Canada. Documents provided by...
Founders of mortgage investment firm Fortress Real Developments Inc. charged with fraud
The Royal Canadian Mounted Police have charged two men with fraud in connection with a syndicated mortgages scheme involving Fortress Real Developments, following a years-long investigation. Jawad Rathore of Markham, Ont., and Vince Petrozza of Richmond Hill, Ont.,...
Multi-layered door-to-door sales scam could cost you your home
"A person visits you and says you have won a class-action lawsuit regarding the installation of your equipment and the money can only be used toward renovations to your home" Ontario's Serious Fraud Office (SFO) is shining a light on a multi-layered door-to-door sales...
Toronto police bust brazen moving scam, recover property belonging to 22 families
The Toronto Police Service has announced three suspects are facing several charges in connection with an alleged moving scam that saw items belonging to 22 families being recovered in an east-end warehouse. Const. Chris Long, an officer at 41 Division who has been...
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Romance & Relationship Fraud
Romance scammer charged with defrauding Holocaust survivor of $2.8M
A Florida woman has been charged with one count of wire fraud after she swindled an 87-year-old Holocaust survivor out of more than US$2.8 million in an online romance scam. Peaches Stergo, 36, met the unnamed victim on a dating website in 2017, as per an...
Love hurts: Alleged ‘romance scam’ costs Norfolk resident more than $200,000
An online relationship left a Norfolk County resident in tears — and out a lot of money — in what police are calling a “romance scam.” Police said the victim met the alleged scammer online in November 2021. Over the course of several emails and phone...
Peel police arrest man in alleged ‘romance scam,’ believe there are more victims
A Brampton man has been arrested after allegedly receiving over $10,000 in a “romance scam,” and police believe there may be more victims. In a news release on Thursday, Peel Regional Police said an older adult victim sent money to the suspect to allegedly pay off...
BC court awards $742K in damages to intimacy scam
A property in Vancouver’s Fairview neighborhood, a poor line of credit, a trusted French man and an elderly couple he believed to be pseudo-parents are at the center of a messy legal battle in the B.C. Supreme Court. On October 5, Justice Warren Millman ordered the...