Ecuadorians Challenge Chevron Over $9.5B Award In Canadian Court

Ecuadorians Challenge Chevron Over $9.5B Award In Canadian Court

April 17, 2018 (Courtesy of oilprice.com) – Ecuadorian farmers and indigenous people will seek to show an Ontario Court of Appeal this week that Chevron Canada is legally liable for a US$9.5-billion award that the Ecuadorians won against the U.S. parent Chevron Corp in Ecuador over past environmental pollution. The Ecuadorian plaintiffs will be asking Ontario’s top court at the hearings on Tuesday and Wednesday to overturn a previous ruling that prohibits them from going after Chevron Canada for…

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Vancouver man convicted of fraud in U.S. after companies solicited more than $18M from 60,000 people

Vancouver man convicted of fraud in U.S. after companies solicited more than $18M from 60,000 people

April 2 2018 (Courtesy of cbc.ca) A Vancouver man accused of bilking thousands of seniors in the U.S. — and who fought extradition for more than a decade — has been convicted of mail and wire fraud by a Los Angeles federal jury. On Thursday, a jury convicted Mark Eldon Wilson, 57, of seven counts of mail fraud and two counts of wire fraud, said a spokesperson for the United States Attorney’s Office, Central District of California. Prosecutors alleged…

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Ontario woman allegedly funnels over $600,000 from her employer to charities

Ontario woman allegedly funnels over $600,000 from her employer to charities

March 14, 2018 (Courtesy of The Canadian Press) –  A 52-year-old Ontario woman is facing fraud charges after allegedly funneling over $600,000 of her employer’s money into bank accounts for charities of which she was a board member. Kingston police say the woman was working as comptroller for a local business while also serving on the board of two charities in Maxville, Ont., a small community north of Cornwall. Investigators allege both charities incurred large…

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More than Half of Canadian Companies Say They Have Been Victims Of Fraud In The Last Two Years

More than Half of Canadian Companies Say They Have Been Victims Of Fraud In The Last Two Years

March 8, 2018 (courtesy of Globalnews.ca )More than half of Canadian companies have experienced fraud in the past two years — that’s up 18 per cent from 2016. The findings, presented in the “Economic Crime and Fraud Survey” by accounting firm PriceWaterhouseCoopers, suggest that Canadian businesses may be lagging in the fight against cybercrime. according to the survey, 46 per cent of companies said they experienced cybercrime, 38 per cent reported asset misappropriation, and 36 per cent…

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Unpublished data shows India’s fraud problems extend far beyond PNB and initial billion dollar fraud

Unpublished data shows India’s fraud problems extend far beyond PNB and initial billion dollar fraud

Investors may have been shocked when one of India’s biggest banks disclosed a $1.77 billion fraud by a billionaire jeweler, but the central bank has recorded data that shows the problem runs far deeper and wider. Reserve Bank of India (RBI) data, which a Reuters reporter obtained through a right-to-information request, shows state-run banks have reported 8,670 “loan fraud” cases totaling 612.6 billion rupees ($9.58 billion) over the last five financial years up to March…

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Allegations of fraud prompt meeting of Ontario PC Party’s nomination committee

Allegations of fraud prompt meeting of Ontario PC Party’s nomination committee

Allegations of voter fraud and voter irregularities during several Ontario PC nomination races have led to an unscheduled meeting of the party’s nomination committee. The party leader’s office would not say what exactly prompted the meeting or how many nomination races were being discussed. Former Conservative Senator Marjory LeBreton says she witnessed voter irregularities during the Ottawa West-Nepean race and wants the results overturned. “In Ottawa West-Nepean there was clearly fraudulent voting, stuffed ballot boxes…

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Bell Canada Data Breach Could Be ‘Stepping Stone’ To More Fraud, Espionage: Expert

Bell Canada Data Breach Could Be ‘Stepping Stone’ To More Fraud, Espionage: Expert

The recent Bell Canada data breach might not have contained any compromised financial information, but it could still create “stepping stones” to more serious cases of fraud and espionage, according to a cybersecurity expert. On Tuesday, the company alerted customers that the information of “fewer than 100,000” users was illegally accessed by hackers. The RCMP announced it had opened an investigation. Bell, Canada’s largest telecommunications company, said that while names and email addresses were accessed — as…

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Journalists could take stand in high-profile Montreal fraud case

Journalists could take stand in high-profile Montreal fraud case

A judge will deliberate on whether two journalists will be forced to take the stand to reveal confidential sources in the Nathalie Normandeau and Marc-Yvan Côté fraud case. Côté’s lawyer, Jacques Larochelle, has been trying to get the case thrown out based on leaks to the media he says has harmed his client’s chances of a fair trial. In 2016, then Treasury Board president, Sam Hamad was forced to resign from cabinet after a Radio-Canada report revealed…

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Oshawa man charged after police investigate $55K fraud at Uxbridge-based charity

Oshawa man charged after police investigate $55K fraud at Uxbridge-based charity

A months-long investigation into the suspected misappropriation of funds from a Durham Region charity has led to charges against a man identified as an executive director. An investigation begun in June 2017 has revealed that North House was defrauded of more than $55,000, Durham police said on Thursday. Staff at the organization reported that cash and credit cards were used for unauthorized purchases that included sporting events and meals at restaurants, police said. It’s also…

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Calgary 2017 public school trustee candidate faces election fraud charges

Calgary 2017 public school trustee candidate faces election fraud charges

A woman who ran for a Calgary Public School trustee position last year faces Alberta Election Act charges. Elections Alberta says it launched an investigation last October after receiving a complaint that an election candidate was ineligible because she was not a Canadian citizen. A suspect filed a notice of intent to run and a nomination acceptance form and confirmed that they had read the requirements and were eligible to run in the election. Nimra…

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