The RCMP have been tight lipped about their lengthy ongoing investigation into Caspian Construction, a Winnipeg-based contractor that was tasked with building Winnipeg’s police headquarters. But production order requests filed in court requesting further access to financial records have begun to reveal some of the allegations investigators are building a case around.
Multimillion-dollar fraud investigation
The RCMP has dubbed the multimillion-dollar fraud investigation Project Dalton. So far, investigators are alleging Caspian owner Armik Babakhanians, principal engineer with AAR Peter Chang and associate at GRC Architects Patrick Dubuc conspired to give $600,000 to a city project manager in exchange for influence in the awarding of contracts. Babakhanians is also accused of defrauding the city of more than $5,000.
Specifically, court documents obtained by The Journal of Commerce show that police allege they have evidence Babakhanians may have used inflated and altered subtrade invoices and quotes to defraud the city of millions of dollars for work that was done at costs less than his fraudulent submitted costs. No charges have been formally filed.
Read more at The Journal of Commerce.
This article is summarized by Canadian Fraud News Inc.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.