Police search for Tinder fraudster targeting Montreal women

Police search for Tinder fraudster targeting Montreal women

Montreal police are asking for the public’s help finding a suspect they believe is connected to a series of thefts and fraud arranged through Tinder. Police say the suspected fraud artist — who goes by the names of Hugo Guérin, Samuel Guérin and Valentin — meets his victims on dating websites and apps like Tinder and Badoo. The suspect tells women he is a newly arrived student in his early 20s and that he has…

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Constantinos Mathios, Waterloo man accused in multi-million-dollar fraud case

Constantinos Mathios, Waterloo man accused in multi-million-dollar fraud case

Constantinos Mathios, a 52-year-old Waterloo man is accused of defrauding 14 businesses out of $3.7 million. Waterloo Regional Police say the man ran an investment firm from 2006 to 2014. During that time, they allege, the man sold securities at inflated prices – and redirected some of the money from where his clients believed it was going. According to police, victims have been identified in both Canada and the United States. Police also allege that…

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Kitchener woman who never registered as nurse pleads guilty to fraud

Kitchener woman who never registered as nurse pleads guilty to fraud

A Kitchener woman who spend nearly two years working as a nurse despite not being qualified to do so has pleaded guilty to fraud. Laura Erskine was arrested last year after an investigation revealed that she had been working as a nurse at Park Lane Terrace in Paris, Ont., despite never registered with the College of Nurses of Ontario. That registration is considered a legal requirement for anyone wanting to work as a nurse anywhere…

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Former owner of diamond business in Yellowknife faces fraud charges

Former owner of diamond business in Yellowknife faces fraud charges

Mounties in Yellowknife in the Northwest Territories say the former owner of diamond-cutting and polishing facilities faces fraud charges for allegedly misrepresenting assets to secure a loan. RCMP say they are seeking a warrant for the arrest of Deepak Kumar, who they say is reported to be outside of Canada. Police say Kumar’s businesses were located in Yellowknife and the allegations were first reported to them in 2015. They allege that Kumar, as head of…

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‘One of the biggest frauds on P.E.I.’: Frank Harrison Dew gets 4 ½ years prison

‘One of the biggest frauds on P.E.I.’: Frank Harrison Dew gets 4 ½ years prison

Disgraced investment dealer Frank Harrison Dew was sentenced to 54 months in federal prison Wednesday in Charlottetown Provincial Court, for bilking clients out of millions of dollars. Dew, 50, who ran a business called Morton Dew Ltd., in Charlottetown, had pleaded guilty to 26 counts of fraud. “This is a major fraud,” Crown Prosecutor Jeff MacDonald told court. “He used his reputation as an investment advisor to prey upon his victims. Their trust in him…

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Former AMA vice-president charged with fraud connected to more than $8 million

Former AMA vice-president charged with fraud connected to more than $8 million

Edmonton police have charged a former vice-president of the Alberta Motor Association (AMA) with defrauding his employer of more than $8 million. Jim Gladden has been charged with fraud over $5,000, laundering proceeds of crime, and five counts of use of a forged document. The AMA alerted police in the fall of 2016 after it discovered a number of fraudulent invoices. An investigation found that more than $8 million had been stolen between March 2011…

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Rise in mortgage fraud complaints in B.C. as house prices jump

Rise in mortgage fraud complaints in B.C. as house prices jump

A review of B.C. regulatory filings points to a growing number of mortgage fraud cases involving fake incomes, phoney offshore collateral, and false tax information in schemes allegedly connected to real estate professionals operating in B.C.’s growing shadow banking sector. Postmedia reported Saturday that shadow lenders — non-banks that are not federally regulated — have rapidly increased their share of Canada’s mortgage market in recent years, as Ottawa has tightened lending standards for Canadian banks. Many…

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2 mortgage investment corporations facing fraud allegations: BCSC

2 mortgage investment corporations facing fraud allegations: BCSC

The B.C. Securities Commission (BCSC) is accusing three B.C. men and two mortgage investment corporations of bilking 40 people of approximately $1.1 million dollars over a two-year period. In a notice of hearing, the BCSC alleges Donald Bruce Edward Wilson, David Scott Wright and Patrick K. Prinster committed fraud between June 2011 and August 2013. The notice says the trio operated DominionGrand II Mortgage Investment Corporation (DG Mortgage) and DominionGrand Investment Fund Inc. (DG Fund), which held themselves out as mortgage investment corporations. Read more at CBC…

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Vancouver mayor seeks Ottawa’s help to prevent real estate fraud

Vancouver mayor seeks Ottawa’s help to prevent real estate fraud

Vancouver’s economy is at risk because of the city’s out-of-control housing costs, so Ottawa needs to make sure it is doing the maximum to prevent real estate fraud, Mayor Gregor Robertson is warning the federal Finance Minister. “I often hear from residents about fraudulent practices connected to home purchases in Vancouver. Though many of the stories shared may be anecdotal, they speak to a growing anxiety that warrants a robust response to ensure the public…

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Jeremy (Jay) Peers sentenced to 3.5 years for fraud, misrepresentations

Jeremy (Jay) Peers sentenced to 3.5 years for fraud, misrepresentations

Jeremy (Jay) Peers has been sentenced to three and a half years in prison after pleading guilty to fraud, misrepresentations, and dealing and advising in securities without registration under the Alberta Securities Act. Alberta provincial court Judge Fred Day called Peers “a con man,” as he delivered his sentence in an Alberta courtroom. Peers, the grandson of early Edmonton mayor and coal baron Harry Marshall Erskine Evans, was the key player behind one of the…

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