BCSC panel finds that former registrant Lynne Rae Nickford committed fraud

BCSC panel finds that former registrant Lynne Rae Nickford committed fraud

A British Columbia Securities Commission (BCSC) panel has found that Lynne Rae Nickford (a.k.a. Lynne Rae Zlotnik) perpetrated fraud on 13 investors. Nickford had previously been registered as a scholarship fund salesperson from 1991 to 1993 and as a mutual fund salesperson from 1998 to 2008, but was not registered under the Securities Act during that period. She was also licensed as a life, accident and sickness insurance agent and was the sole proprietor of Lynne Zlotnik Wealth Management…

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Saskatchewan Court of Appeal allows the Government of Canada fraud action against the Merchant Law Group LLP to proceed

Saskatchewan Court of Appeal allows the Government of Canada fraud action against the Merchant Law Group LLP to proceed

Breaking Fraud Cases from Canadian Courts At Canadian Fraud News, we report on decisions issued by Canadian Courts related to fraud, that are not reported in the mainstream media, and that contain legal issues the Canadian public and fraud recovery experts should be aware of. The following is one such story. On August 9, 2017, the Saskatchewan Court of Appeal released its decision in the civil fraud action of the Government of Canada as against…

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Windsor con artist ordered to pay back victims of vacation property fraud

Windsor con artist ordered to pay back victims of vacation property fraud

A 26-year-old Windsor con artist who made a living ripping people off through online cottage rentals has pleaded guilty to two counts of fraud over $5,000. Matthew Jonsson would collect photos of properties in the Muskokas, Whistler, BC and Canmore, Alta. and advertise them as available rentals online. Using ever-changing pseudonyms, Jonsson operated this scheme for nearly two years. The father of three was placed on probation for three years. The Ontario court judge also…

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Edmonton police recover more than $7M worth of stolen vehicles from “chop shop”

Edmonton police recover more than $7M worth of stolen vehicles from “chop shop”

Edmonton police have laid additional charges in a “chop shop” investigation which led to the recovery of more than $7 million worth of stolen vehicles. The investigation began when police pulled over a stolen truck towing a flat-deck trailer with an unauthorized licence plate. Officers searched Car Masters Collision Ltd. in northeast Edmonton and found a stolen 2013 Dodge Ram truck that was being dismantled. It had an estimated value of $80,000. On June 7, after searching just…

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Two of three Medicine Hat pharmacists charged with fraud, theft have trial date set

Two of three Medicine Hat pharmacists charged with fraud, theft have trial date set

A multi-day trial will run in the new year for two of three Medicine Hat, Alta. pharmacists facing charges of fraud and theft. A trial date has been set for Kathryn Keiser and Evan King for late January, 2018, now that not guilty pleas have been entered. A trial for the third pharmacist, Robert Stadnyk, has been set for September 5. All three individuals are facing fraud charges over $5,000 and theft over $5,000, stemming from…

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Callidus Capital disputes report of whistleblowers alleging fraud

Callidus Capital disputes report of whistleblowers alleging fraud

Canadian alternative lender Callidus Capital Corp. is denying reports that regulators and police are probing the company’s business after whistleblowers came forward to allege the company is engaged in fraud. The company trades on the Toronto Stock Exchange (TSX) and saw its shares lose more than a fifth of their value on Wednesday after the Wall Street Journal reported that at least four unnamed sources have filed whistleblower complaints with the Ontario Securities Commission (OSC)….

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Ontario paralegal Victor Manuel Castillo Garcia, wanted by police for a $1M fraud, is disbarred by Law Society of Upper Canada

Ontario paralegal Victor Manuel Castillo Garcia, wanted by police for a $1M fraud, is disbarred by Law Society of Upper Canada

Breaking Fraud Cases from Canadian Courts At Canadian Fraud News, we report on decisions issued by Canadian Courts related to fraud, that are not reported in the main stream media, and that contain legal issues the Canadian public and fraud recovery experts should be aware of. The following is one such story. On July 25, 2017, the Law Society of Upper Canada (“LSUC”) revoked the paralegal licence of Castillo Garcia (“Garcia”) after finding him guilty…

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Martin Shkreli is found guilty of three of eight securities fraud charges

Martin Shkreli is found guilty of three of eight securities fraud charges

A U.S. jury convicted Martin Shkreli, the brash former drug company and hedge fund executive, on Friday of defrauding investors in hedge funds he ran years before he gained fame for jacking up the price of a drug. Jurors in U.S. District Court in Brooklyn found Shkreli guilty of two counts of securities fraud and one count of conspiracy. But they acquitted him of five conspiracy counts, including conspiracy to steal from his old drug…

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1 in 5 sausages tested across Canada contained different meat than labelled: study

1 in 5 sausages tested across Canada contained different meat than labelled: study

A federally funded study has found that 20 per cent of sausages sampled from grocery stores across Canada contained meats that weren’t shown on the label. The study was conducted by researchers at the University of Guelph and commissioned by the Canadian Food Inspection Agency. “About one in five of the sausages we tested had some off-label ingredients in them, which is alarming,” said Robert Hanner, lead author of the study and an associate professor…

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Former Elizabeth Fry Society executive director charged with fraud

Former Elizabeth Fry Society executive director charged with fraud

The former executive of Elizabeth Fry, a charity that helps women involved with the justice system, has been charged with fraud over $5,000. Tammy Gloade, of Eastern Passage, NS, is the former executive director of the Elizabeth Fry Society. She has been accused of stealing funds and using them for personal use. The 51-year-old has been charged with seven counts of forging documents, one count of fraud over $5,000, seven counts of uttering forged documents,…

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