The full swing of the holidays is just a few days away, but the scam artists are just getting started. It is time to be extra vigilant to avoid getting scammed especially when holiday shopping. Below are some of the most common holiday scams to watch out for in 2019.
Holiday Scams to Watch Out for in 2019 and into 2020 Read More »
Scams do not pick a season. Most scams are ongoing no matter what time of the year and even when similar scams are already being investigated after discovery by law enforcement. This is especially true in Brampton and Mississauga and so Peel police are warning residents that there are several common and ongoing scams making the rounds in the region.
Be Aware of These Ongoing Scams in Brampton and Mississauga Read More »
Canadians are finding that it has become increasingly difficult to qualify for a mortgage lately, especially after several mortgage stress tests were implemented. In relation to this, a recent Equifax Canada survey revealed that a lot of Canadians are willing to commit fraud if it meant qualifying for a mortgage.
Income Exaggeration When Applying for Mortgage is Fraud Read More »
As much as 23% of millennials are lying on their mortgage application and think it is justified, according to what was found out by Equifax. They truly think that there is nothing wrong with inflating their income on their mortgage applications.
Equifax Finds that 23% of Millennials Are Committing Mortgage Fraud Read More »
Canadians, in general, are usually easily content and have a tendency to just go with the status quo. The good thing is that this way has served us good during various economic issues such as the financial crisis of 2008. Unfortunately, mortgage fraud has risen up so drastically in the past few years, reaching 52%, that complacency with the current situation just isn?t enough.
The Fight Against Mortgage Fraud in Canada Read More »
Toronto is one of the best places to live not only in Canada but in the world. A lot of people want to move to Toronto and a huge number are from overseas. Unfortunately, some crooks are taking advantage of this and charging would-be Chinese immigrants exorbitant amounts for immigration opportunities.
Toronto Immigration Firm Charges $170K for Fake Jobs in Canada Read More »
Kevin Plange, a Toronto man who has been found to have almost defrauded $40 million from Revenue Canada was given an increase of prison sentence. Ontario Court of Appeal said that the 18 months ruling which was initially given to Plange was too short a time for the crime he committed and so the sentence was upped to 3 years.
Sentence for $41M Revenue Canada Fraud Increased to 3 Years Read More »
Small business fraud happens across all countries and social status. Although the figures we shared in this write up is a couple of years old, the trend remains the same and it is clear that small business fraud is costing companies a huge amount of money each year.
The Big Cost of Small Business Fraud Read More »
1PLUS12 is an investment company that used to be trusted by their clients until news broke out that they are possibly linked to a $17M Toronto mortgage fraud. One of their consultants was also involved in a B.C. based financial company that lost almost $19M of its investors? and creditors? money.
Investment Company 1PLUS12 Allegedly Involved in Fraud ? Sued for almost $2M by Investor Read More »
Fraudulent pharmacists in Ontario have been pocketing millions of dollars meant for the poor over the past few years. Recent reports show that Ontario?s Drug Benefit program have been overbilled by dishonest pharmacists for hundreds of thousands of dollars up to a few million dollars at a time.
Dishonest Pharmacists in Ontario Are Stealing Millions Meant for the Poor Read More »
