Fraud

Aviva Canada?s senior manager of fraud operations Chris Lang says that there is a need for a more effective and efficient prosecution of auto insurance fraud in the provincial level. He says that those that knowingly present a false insurance claim should be charged with a provincial offence.

In Canada, fraud is classified as a federal offence but Aviva is opening the discussion for non-criminal provincial offences. These offences include workplace safety infractions, Highway Traffic Act violations, and discharging contaminants.

It is undeniable that fraud can happen to anyone, including businesses big and small. When it is discovered that you or your business was a victim of fraud, accepting that fact and finding out that someone you trusted chose to steal from you is definitely challenging to deal with, not just financially but emotionally as well.

The holiday season usually brings with it increased criminal activity because people are often more generous and less wary during the season of giving. Here is our latest compilation on holiday scams that you should watch out for this year.

The BCSC or the British Colombia Securities Commission recently issued a notice of hearing regarding fraud involving the top officers of a fast-growing insurance company. The insurance group?s leaders allegedly frauded hundreds of people by convincing them to purchase unsecured loan agreements.

Mortgage fraud and real estate fraud are on the rise; and the frauds associated with them may take many different forms. As unsavoury as it is to think that these types of fraud happen around us, it is really of little wonder because fraudsters are opportunists and as such, they go for the biggest cons they can accomplish. Examples of the biggest heists in fraud are real estate fraud and mortgage fraud.

The Canadian government is widening their ever reaching grasp and going after all sorts of tax cheats including those who are in the real estate market. The developers of Trump Tower in Vancouver, the huge project at Wall Centre Central Park, are in hot water.