Four charged in $17 million Project Bridle Path mortgage fraud investigation

Sophisticated mortgage fraud schemes are becoming more and more common. Be careful when choosing the ‘private financing’ route. Know who you are dealing with and ensure you don’t end up being part of a mortgage fraud scheme or worse, money laundering scheme.

https://www.thestar.com/news/crime/2018/03/06/four-arrested-in-17m-mortgage-fraud-investigation.html

https://www.theglobeandmail.com/news/investigations/real-estate-money-laundering-and-drugs/article38004840/

Ethereum Scam Database helps investors avoid cryptocurrency scammers

The Ethereum Scam Database is a useful tool that helps guide cryptocurrency investors away from scammers.  Since launching last year, they have identified a total of 2,627 scams including 246 active scams.  For more information on the scams identified visit https://etherscamdb.info/.

Professional Tenants with Criminal History Exposed

‘Professional Tenant’ with Criminal History Exposed – The Investigators with Diane Swain. This great show provides a great overview of the risks facing landlords and tips on how to protect yourself.

http://www.cbc.ca/news/professional-tenant-with-criminal-history-exposed-the-investigators-with-diana-swain-1.4408571

Auto body shop owner conned out of life savings. Man surrendered $60,000 in bogus car-shipping business deal, police say.

A recent article published by the Toronto Star highlights the need for doing due diligence prior to entering into new business deals or transactions!!!  View Article.

Forex Investors May Face $1 Billion Loss as Trade Site Vanishes

This type of fraud seems to happen more often these days.  Forex trading is fraught with risks in itself.  To protect yourself, always do your due diligence before investing with any individual and / or company especially online companies who can easily misrepresent themselves.

And don’t stop there.  Conducting a post-investment due diligence is a great way to identify when legitimate companies are heading for trouble.  Often, companies can cut and run after years in business.  There are often signs before hand so if you are paying attention, you may have a better chance to get out before its too late.

http://www.bloomberg.com/news/2014-11-13/forex-investors-may-face-1-billion-loss-as-trade-site-vanishes.html

2013 FRAUD INVESTIGATOR OF THE YEAR – CANADA

Enviro-Lynx Investigation has just won the 2013 FRAUD INVESTIGATOR OF THE YEAR – CANADA award by Acquisition International –  the sponsors of the M&A Awards!  Enviro-Lynx Investigation has previously won this award in 2012.

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For more information, you can visit Acquisition International website for the list of the 2013 Award Winners at: http://viewer.zmags.com/publication/a87cf23c#/a87cf23c/1