A man is in custody and facing multiple fraud charges after West Vancouver police uncovered what they allege was an elaborate scheme to send expensive cars to Africa that were purchased using fraudulent credit cards.
The West Vancouver Police Department (WVPD) has linked nine vehicles, worth approximately $750,000, to the fraud investigation.
The vehicles, including trucks and luxury SUVs, worth between $70,000 and $100,000 each, were purchased with fraudulent credit cards from dealerships across the Lower Mainland, including a dealership in North Vancouver, according to police.
Officers allege the illegally purchased vehicles were then loaded into shipping containers at one of the port terminals and then shipped to Africa.
Read more at NS News
This article is summarized by Canadian Fraud News Inc.
Deborah McCoy – Is an investigative journalist and has over 17 years of investigation experience in both the private and public business sectors. Since joining CFN, Ms. McCoy has become a true advocate for victims of fraud and increasing the public’s awareness in fraud prevention.