Toronto police investigating gemstone investment fraud

Supported By:

Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

Toronto Police Financial Crimes unit is currently investigating a gemstone investment fraud that has left multiple victims with gemstones valued at a fraction of what they were purported to be worth.

Representatives using the names “Royal Fine Jewels” and “Nygard & Associates” represented themselves as fine gems and jewelry sales and marketing businesses.

Individuals contacted by these representatives had previously bought gemstones as investments from a company called Global Royalties Limited. They were promised generous returns on their original investments if they began marketing with these businesses.

Read more at Toronto Police News Releases

This article is summarized by Canadian Fraud News Inc.