March Was Fraud Awareness Month. – but the end of Fraud Awareness Month does not end the need for the public to be aware of fraud issues. Our firm often reminds fraud victims that they cannot reasonably rely on Canada’s criminal system for recovery or justice in fraud matters. Victims should assess whether their interest
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Punitive Damages applied to Fraudulent Loan Case
By Norman Groot
March is Fraud Awareness Month. Our firm often reminds fraud victims that they cannot reasonably rely on Canada’s criminal system for recovery or justice in fraud matters. In the Scotia v. Rosario Rosado case recently released, a judge imposed a punitive order of $200,000 on a fraud valued at $350,000. Victims should assess whether their…
Bankruptcy Stay Lifted in Canadian Ponzi Scheme Scenario
By Norman Groot
March 21, 2025
March is Fraud Awareness Month. Our firm often reminds fraud victims that they cannot reasonably rely on Canada’s bankruptcy system for recovery or justice in fraud matters. In the Re Nicholson case recently released, a bankruptcy judge lifted a stay of proceeding to allow a group of investors to pursue judgment notwithstanding…
Tracing & Production Decision in Crypto Case Focuses on Canadian Jurisdiction
By Norman Groot
March 18, 2025
March is Fraud Awareness Month. Our firm often reminds fraud victims that they cannot reasonably rely on Canada’s criminal justice system for recovery or justice in fraud matters. The prospects of recovery are directly correlated to the timing of tracing and preserving stolen funds. Frauds involving cryptocurrencies are especially time sensitive. Tracing…
Fraud Victim Ordered to Pay $25,000 in Costs for Failed Mareva Motion
By Norman Groot
Published by Investigation Counsel PC, Fraud Recovery Lawyers
March 10, 2025
March is Fraud Awareness Month. Our firm often reminds fraud victims that in fraud recovery matters, success often rises or falls on whether the victim can secure an asset at the outset of litigation to recover from when a judgment is finally rendered. In…
Canadian Courts stay another Fraud Case for Charter Reasons
By Norman Groot
March is Fraud Awareness Month. Our firm often reminds fraud victims that they cannot reasonably rely on Canada’s criminal justice system for recovery or justice in fraud matters. In the R. v. Abrams case recently released, the Court did not dismiss drug charges, holding they were serious – but stayed identity fraud charges against the…
Banknote director found in contempt of court; pleads case from Dubai
By Kpm19830514
The main player in an alleged Ponzi scheme involving $14 million of local investor’s money has been found in contempt of court for twice failing to surrender his passport, and an arrest warrant was issued.
Ryan Rumble, a director of Banknote Capital, which is facing a $5 million lawsuit, took part via a video call…
Court extends rare order to freeze up to $20M in crypto, cash donations to ‘Freedom Convoy
By Kpm19830514
An Ontario Superior Court judge has extended a rare injunction that has frozen millions of dollars in cryptocurrencies and other financial donations to the so-called Freedom Convoy.
The Mareva injunction was issued on Feb. 17 by Justice Calum MacLeod. Law firm Lenczner Slaght brought this motion forward, acting for Champ & Associates, the law firm representing Ottawa residents in…
Luxury cars seized from 23-year-old ‘Crypto King’ as investors try to recoup millions
By Kpm19830514
Two McLarens, two BMWs and a Lamborghini make up just a few of the $2 million worth of assets seized from a 23-year-old from Whitby, Ont., as his investors try to recoup millions of dollars they handed over to the self-described “Crypto King.”
But so far, Aiden Pleterski’s assets fall far short of what his…
‘Crypto King’ associate wipes iPhone, hands over $1M in bank drafts payable to Aiden Pleterski
By Kpm19830514
An associate of Whitby, Ont., self-described “Crypto King,” Aiden Pleterski, handed over more than $1 million in bank drafts payable to Pleterski last month in response to a civil search warrant.
Colin Murphy, 26, is one of five so-called “originators,” who raised money for the 24-year-old’s investment operation, according to trustee reports from Pleterski’s bankruptcy proceedings.
A…