When you think of fraud, the farthest thing that would come to your mind is for someone to get himself kidnapped, beaten up, and thrown in a ditch. That would be beyond strange, indeed!
The situation above seems to be what happened to self-described millionaire Reza Mokhtarian. Mokhtarian claimed that he was kidnapped by 10 men, was beaten to a pulp, and then was dumped in a ditch in Brampton earlier this year.
In a sudden twist of events, Mokhtarian is currently facing fraud charges against the public in the tune of $5,000.
The Strange Brampton Kidnapping Case
CBC News recently confirmed that business coach and self-described millionaire Reza Mokhtarian has now been charged with fraud. This is the same man that was found half-naked in a Brampton ditch and got a few people arrested over his case.
In a statement released by the Ontario Securities Commission earlier this month, Mokhtarian has been charged with one criminal count of fraud against the people of Ontario over the amount of $5,000 between the 1st of July 2013 and 31st of December 2015. His Toronto court hearing is scheduled on October 26.
Further details about the fraud were not provided by the OSC, as the case is already deemed a matter for the courts.
What we know are the publicly available details of Mokhtarian?s case. He claimed that he was apparently kidnapped and held hostage by rivals on February 25. The strange thing is that he says he was dragged into a van after playing soccer with friends. After that, 4 very large men held him captive in his home for about 15 hours, with another 3 guarding the exit points of his home. He also shared that his details were murky because he had a concussion as he was witnessing all of these unfold.
Mokhtarian?s grey 2010 Bentley was later found by the police and two individuals, a man and a woman were arrested for kidnapping forcibly confining him. These two individuals will also appear in court come October 7th.
The Fraud Case
Peel Regional Police have not shared if the fraud charge is linked to the kidnapping and beating.
Mokhtarian is also involved in an alleged scam. Lawyer David Marcovitch, representing 1 of Mokhtarian?s 5 former clients shared that according to his client, Mokhtarian presented himself as foreign exchange trader. His client says that all of his investments are now lost.
When Mokhtarian was interviewed for the alleged assault he suffered at the hands of his captors, he said that he believes the perpetrators are his competitors. He denied any connection with his alleged kidnapping and a previously failed business venture.
In a statement, Mokhtarian said that the people accusing him of scamming them are simply glory seekers who are using the media. He also said that no money was lost because his former clients traded on their own free will. As for the fraud charge, Mokhtarian declined to leave a comment.