Private Investigation Blog
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Top 5 Bitcoin Scams to Avoid
Bitcoin is a digital currency that was created to make paying for things a lot easier, but things didn?t end up like that. Today, Bitcoin is being used and abused by scammers worldwide. While there is blockchain that is meant to protect Bitcoin, it is clearly not enough to protect most people from Bitcoin scams. Below are the 5 worst Bitcoin scams that you must avoid at all cost and how they were used to scam people.
Sino-Forest Fraud Case Update: Canadian Court Awards $2.6B
A $2.6 billion damages fee was awarded by Ontario Superior Court Justice Michael Penny to the plaintiffs in Sino-Forest fraud case. This update is expected to lead to more litigation as the Sino-Forest case is one of the biggest cases of securities fraud that involve a listed Chinese firm.
Fraud Uncovered at Ontario Auto Body Shops
Aviva Canada, an insurance company, found out that workers employed at some auto body shops would deliberately damage vehicles, bill for towing that never happened, and create invoices for phantom repairs. What is even more shocking that only 1 out of 10 repair outfits acted honestly according to Aviva?s investigation.
Bridle Path Mortgage Scheme Fraudsters Charged by Toronto Police
It took years, but Toronto Police were finally able to lay charges against those involved in bridle-path fraud scheme. The scheme has been going on since 2013 and has been using fake home ownership papers to get mortgage money.
New Phone Scam Rips Off More Than $5M from Five Torontonians
New fraud scheme targeted Torontonians and was able to fleece them out of more than $5M. Further evidence that phone scams are everywhere and with advances in technology, fraudsters seem to be getting smarter as well.
Top Ranked Canadian Military Judge Charged with Fraud and Other Serious Offences
It is sad to note that the people we are supposed to trust are turning to fraud, placing more pressure to private individuals and business owners alike to have adequate fraud prevention policies in place. The same pressure was certainly felt by Canada?s military justice system when it had to charge the Force?s highest ranking judge for inappropriate behaviour and fraud recently.
Slain Billionaire Barry Sherman Targeted by Convicted Fraudster?
Billionaire Barry Sherman sued for losing investment over $150,000 and even filed court papers on the last day he was seen alive by anyone. He was found dead in his Toronto mansion with his wife on the 15th of December 2017. The pair may have been victims of a targeted homicide, the police say.
Ontario Needs to Take Pharmacy Fraud Seriously
Pharmacy fraud is a bitter reality in Ontario same as other types of fraud that have proliferated over the years. And with health-related fraud cases on the rise causing a huge loss in taxpayer money, shouldn?t it be time for the proper authorities to act promptly?
A recent report shared that the Ministry of Health and Long-Term Care was able to recover around $5 million per annum from its pharmacy inspections, bringing to light how much more we?re losing to pharmacy fraud. In fact, estimates place it at more than $100 million a year!
Top 2018 Cyber Security Predictions You Should Know About Part 2
We recently talked about our Top 2018 Cyber Security Predictions and here is the second and last part to this series. Cyber security threats are on the rise and it won?t hurt to be as well-informed as possible to keep your business and private accounts safe. Here are more internet security predictions you should keep a watchful eye on this year.