Police are sounding the alarm due to the increase of cases of Bitcoin fraud lately, more so that recovering any money or tracking it down is nearly impossible because cash becomes untraceable when it is converted into the cryptocurrency.
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In Flanders fields the poppies blow Between the crosses, row on row, That mark our place; and in the sky The larks, still bravely singing, fly Scarce heard amid the guns below. We are the Dead. Short days ago We lived, felt dawn, saw sunset glow, Loved and were loved, and now we lie In […]
Toronto police are still investigating a $400,000 fraud and were able to retrieve security camera images of the suspects. They are currently asking for the public’s help for these suspects to be identified.
Alectra Utilities recently announced that they are aware that their lines are being used in a telephone scam that’s targeting people in their service area. They shared that their residents have been getting threatening calls from individuals who are claiming to be workers of utility companies. The threats usually involve telling the targeted individual that their electrical services will be disconnected if they do not provide payment right away via a cheque cashing service.
Fraud will always get found out no matter what, which was exactly what happened in this fraud investigation which all started with a routine traffic light stop.
Toronto police recently shared the arrest of 12 people who are accused of obtaining money from leasing companies through fraud. The 12 are part of fraud group that was investigated by a multinational police force specializing in organized crime.
Fake emails caused the MacEwan University in Alberta to lose nearly $12M. The fake emails were disguised as a legitimate email and asked the university workers to change the electronic banking information details for one of the school’s major vendors.
Peel police are warning residents in Brampton and Mississauga about a new type of grandparent scam that’s been recently discovered by the force’s fraud bureau. The term ‘grandparent scam’ is used because the fraud is specifically targeting seniors.
The fraud division of the Peel Regional Police is currently investigating a secret bonus program that was responsible for allegedly paying out about $1.25M in total to non-union City of Brampton employees over the past few years. The fraud started in 2009.
The communities of Greater Toronto Area has fallen victim to some scams lately as recently reported by Insauga, with the neighbourhoods of Brampton and Mississauga getting much of the scam attacks. The thing with this scam attacks is that they can target even the most unsuspecting of victims, and can happen digitally because of advancements in technology.
It seems that fraud is simply everywhere no matter where you are and the worst thing is, perpetrators of fraud can find ways to exploit even the most basic of human needs. This is what came to light when Attorney general Jeff Sessions announced that more than 400 individuals were found to be involved in health care fraud and opioid scams that cost about $1.3 billion. The frauds were pulled off by false billing.