Financial Crime

• Richmond RCMP issues warning after vehicles were bought with bogus bank drafts

  Police have arrested a man after they say fraudulent bank drafts were used to obtain multiple vehicles with a combined value of nearly half a million dollars.

  Crime

  Mar 7, 2024
  
• ‘Dirty Money’: New book explores how financial crime is corroding Canada

  A vast 'financial underworld' is operating in Canada whose members commit fraud and other financial crimes without punishment, the authors of a new book say.

  Crime

  Dec 29, 2023
  
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• B.C. financial crimes watchdog offering up to $250K for whistleblower tips

  The B.C. Securities Commission is set to begin paying tipsters up to a quarter-million dollars for information about investment fraud and other types of market misconduct.

  Crime

  Nov 7, 2023
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• Man and woman facing 80 charges in relation to $7.8M real estate Ponzi scheme in Alberta, B.C.

  The alleged Ponzi scheme operated out of Kelowna, B.C., and Edmonton for 12 years, according to police.

  Crime

  Aug 30, 2023
• 5 charged in national money laundering, theft scheme involving fake investment website

  A fake website lured 'numerous' investors with high-interest investment opportunities via search engines and listed contact information for fake representatives, police said.

  Crime

  Apr 13, 2023
• TD Bank to pay US$1.2B in Stanford Financial Ponzi scheme settlement

  TD Bank Group says it will settle a lawsuit in connection with a multi-year Ponzi scheme operated by the Stanford Financial Group.

  Money

  Feb 27, 2023
• RCMP charge Calgary man in $2.1M mortgage fraud scheme

  An RCMP 'comprehensive investigation' found a man defrauded $2.1 million from multiple Calgary-area financial institutions between 2015 and 2020.

  Canada

  Oct 24, 2022
• London police investigating ‘grandparent scam’ after people called asking for money

  The London Police Service Financial Crime Unit says this type of complaint, also referred to as the ‘grandparent scam,’ has recently re-surfaced in London.

  Crime

  Jun 22, 2022
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• B.C. grants Cullen Commission six more months to file money laundering report

  An inquiry commission has received a six-month extension to file its final report into money laundering in British Columbia.

  Crime

  Nov 26, 2021
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• Over $10K stolen from Edmontonians; police investigate auto insurance fraud

  Edmonton police warn of an auto insurance scam by a fake insurance company using the name Almarta Brokers. EPS believes at least seven people have been defrauded.

  Crime

  Oct 18, 2021