toronto-private-investigators

HACTIVISM Taking Aim at the Manufacturing Sector

Much like any activist group, mass inception and global identity and recognition doesn’t happen over night. Individuals aligning themselves to these causes and finding like-minded groups take time. Through their tenacity and perseverance, their popular following is expanding at a rapid pace.
fraud-investigations

Guilty Plea by Former Concrete Equities Exec in $20M Fraud Case

1,200 investors were defrauded for a total sum of more than $20 million in an investment scam, and one of the involved pleaded guilty for his role in the scheme. Sounds like justice? It might seem like that until you hear that he’s not likely to spend a minute of time in jail.
fraud

Employees as First Line of Defense Against CEO Fraud

Alarming as this may sound, CEO fraud emails are becoming more common in recent times. Scams like these are often well-crafted and may sound legitimate; thus targeting employees that may not be too savvy with how the organization works. For this reason, employee education is of utmost importance to combat this type of fraud and when possible, mitigate risks and losses.
ottawa-fraud

Lawyer in Ontario Allegedly Stole Millions from His Clients

Your lawyer is probably the last person you can expect to do something shady but sometimes people are simply not who they present themselves to be. Earlier this month in Rockland, Ontario, a lawyer had his license suspended after it was discovered that around $4 million in funds held trust for the lawyer’s clients was missing.
white-collar-fraud

Why Even Rich People Commit Fraud

Have you ever wondered why someone who is already swimming in money still feels the need to defraud someone else? What truly motivates someone to commit white collar fraud?
SEC

SEC Whistleblower Gets $22 Million Award

The Securities and Exchange Commission (SEC) has awarded $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud at the company where the whistleblower worked.
whistleblower

Is It Time to Develop a Whistleblower Program for the Mortgage Industry?

An up to $5 million offer will be rewarded to whistleblowers for Ontario’s securities regulator newly launched whistleblower program. The program’s aim is to lead to the prosecution of fraudsters, fraud being one of the biggest reasons for business losses of billions of dollars a year. With this in the works, is it time for the mortgage industry to launch a whistleblower program as well?
health-insurance

Employees Caught Abusing Healthcare Insurance Plan

A few weeks ago, what was dubbed as Sudbury’s largest fraud trial came to a close with the guilty verdict handed out to fraudsters Dirk Plate and Paul Caron. The duo helped defraud about $24million from Atlas Copco Canada.