Beleaguered crypto lender Celsius files for Chapter 11 bankruptcy

Beleaguered crypto lender Celsius files for Chapter 11 bankruptcy

Calling it a “a defining moment,” embattled crypto lender Celsius Networks has filed for Chapter 11 bankruptcy protection. In a statement late Wednesday, Celsius co-founder and Chief Executive Alex Mashinsky said the filing in US Bankruptcy Court for the Southern District of New York “is the right decision for our community and company.” “I am … Read more

Toronto police lay nearly 100 charges against man after fraud investigation

Toronto police lay nearly 100 charges against man after fraud investigation

Toronto police say a man who allegedly defrauded multiple people over 11 months is now facing nearly 100 charges. Police say the 22-year-old man was arrested Monday and is facing 97 charges, including 29 counts of fraud over $5,000 and 30 counts of causing another person to act on a forged document. Police allege the … Read more

Surrey cop charged for allegedly using position to get contact information for dates

Surrey cop charged for allegedly using position to get contact information for dates

A Surrey RCMP officer is facing multiple criminal charges over allegations he abused his position to get contact information for women he was interested in pursuing. The BC Prosecution Service said Wednesday Cpl. Peter Leckie was charged with seven counts of breach of trust and two counts of computer fraud for alleged misconduct involving three … Read more

Tuesday’s analyst upgrades and downgrades

Tuesday’s analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions Scotia Capital analyst George Doumet thinks the Street is not giving “reasonable value” to the expanding Investment Management business of Colliers International Group Inc. (CIGI-Q, CIGI-T), which he believes is “big enough at this point.” In a research note released Tuesday, he said investors … Read more

It ‘didn’t cross my mind’ Trudeau could have been investigated for fraud over Aga Khan trip, former ethics commissioner says

It ‘didn’t cross my mind’ Trudeau could have been investigated for fraud over Aga Khan trip, former ethics commissioner says

Mary Dawson appears before the House of Commons Access to Information, Privacy and Ethics committee in Ottawa, on Jan. 10, 2018.Adrian Wyld/The Canadian Press Mary Dawson said she never thought of calling in the RCMP to investigate Prime Minister Justin Trudeau for fraud when she ruled as the then-federal ethics commissioner that he had broken … Read more

Former RBC business manager charged with fraud over falsified business loans

Former RBC business manager charged with fraud over falsified business loans

A former Royal Bank of Canada employee and three other Toronto-area residents have been charged with fraud, after allegedly raising about $10.5-million through a business loan scheme. The charges were announced Friday by Ontario’s Serious Fraud Office, a unit made up of police and prosecutors, which was created in 2019 to pursue white-collar crime. The … Read more

Google Sues Nche Noel Ntse for Alleged ‘Puppy Fraud’

Google Sues Nche Noel Ntse for Alleged ‘Puppy Fraud’

Photo: Matt Cardy (Getty Images) Google has sued a man for allegedly abusing its services to trick droves of would-be pet owners into forking over money for non-existent basset hound puppies. On Monday, the great and mighty search engine filed a lawsuit against Nche Noel Ntse, of Cameroon, accusing him of violating Google’s terms of … Read more