Two Alberta fugitives wanted on Canada-wide warrants since 2021 have been arrested in Ontario in connection with an alleged investor fraud involving nearly $5 million.
RCMP say Fernando Honorate de Silva Fagundes, 70, and Emilia Alas-As Elansin, 44, were taken
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Supreme Court of Canada Declines Appeal From B.C. Man Facing US$29M Stock Fraud Penalty
The Supreme Court of Canada will not hear an appeal from a West Vancouver businessman who faces a US$29 million penalty tied to an alleged international pump-and-dump stock fraud.
The high court declined to hear the appeal of Frederick Langford
Canadian Man Sentenced to Three Years in U.S. Prison for $1.2M Fraud Scheme
A Montreal man has been sentenced to three years in prison in the United States for a mass marketing fraud scheme that defrauded American victims out of more than $1.2 million.
Michel Poirier, 60, was sentenced on June 10 by
Sarnia Business Owner Loses $119K in Alleged Sophisticated Equipment Fraud
A Sarnia business owner was defrauded out of more than $119,000 after allegedly being drawn into a sophisticated scheme involving a fictitious supplier, a fake website, and a non-existent piece of equipment.
Sarnia police said the investigation dates back to
Winnipeg Ex-Businessman Sentenced to Prison After Nearly Decade-Long Auto Parts Fraud
A former Winnipeg business manager has been sentenced to 42 months in prison for his role in a nearly decade-long fraud involving the diversion of more than one million kilograms of auto parts to scrap dealers.
Michael Silva, 50, pleaded
Manitoba Man Charged With Fraud Continues Selling Container Pools Under New Business Name
A Manitoba man facing trial on 26 fraud charges connected to past shipping-container pool businesses is now operating a new company offering a similar product under a different name. Former customers allege they paid tens of thousands of dollars for
B.C. Ponzi Scheme Operator Arrested in Georgia After $300M Investor Collapse
Greg Martel, the Victoria, B.C. mortgage broker behind a Ponzi scheme that brought in more than $300 million from investors, has been arrested in the country of Georgia. Martel has not been criminally charged, but he is the subject of
DOJ’s First “Most Wanted Fraudster” Arrested in $4M Child Nutrition Program Case
The FBI has arrested Said Abdullahi Ereg, the first person listed on the U.S. Justice Department’s “Most Wanted Fraudster” list. Ereg is accused of stealing more than $4 million from a federal child nutrition program during the COVID-19 pandemic.
The
Former Air Canada Captain Charged Over Alleged Fraudulent Pilot Licensing Documents
A former Air Canada captain has been charged after Peel Regional Police alleged he flew hundreds of domestic and international flights over many years without holding the required airline transport pilot licence. Air Canada says the former pilot was trained,
Sam Bankman-Fried Loses Appeal Bid in FTX Fraud Case
Sam Bankman-Fried has lost his bid to overturn his fraud conviction and 25-year prison sentence in connection with the collapse of FTX. A three-judge panel of the Second U.S. Circuit Court of Appeals declined to disturb the conviction, leaving in