Breaking

Russian International Reserves Fall $15.7 Billion in Week to Dec. 19
Tweet TWEET

RCMP charge Toronto group with fraud relating to small business loans

RCMP charge Toronto group with fraud relating to small business loans 
TORONTO, Nov. 1, 2012 /CNW/ - The Royal Canadian Mounted Police (RCMP) has 
charged 9 Toronto area people with a total of 41 fraud related charges. 
Throughout the investigation, the RCMP collaborated with Industry Canada and 
was assisted by the Royal Bank of Canada, the Bank of Nova Scotia, the 
Canadian Imperial Bank of Commerce and the Bank of Montreal. 
The RCMP GTA Commercial Crime Section has determined that the total value of 
this alleged fraud was in excess of two million dollars. The Criminal Code 
charges include fraud, uttering forged documents, conspiracy, money 
laundering, possession of proceeds of crime and participating in a criminal 
organization. 
It is alleged that between 2008 and 2010 the accused persons were involved in 
a scheme where they formed companies and applied for loans at financial 
institutions under the Canada Small Business Financing Program. By submitting 
fraudulent or forged documents, they secured loans and funding from the banks 
for equipment and upgrades to leased property. 
Charged are:
46-year-old Gad LEVY, Toronto, Ontario, with thirty (30) counts including 13 
charges of fraud, 13 counts of conspiracy to commit, 1 count of uttering 
forged documents, 1 count of money maundering, 1 count of possession of 
proceeds of crime and 1 count of participating in a criminal organization. 
57-year-old Marshall KAZMAN , Toronto, Ontario, with twenty-two (22) counts 
including 9 charges of fraud, 10 counts of conspiracy to commit, 1 count of 
money laundering, 1 count of possession of proceeds of crime and 1 count of 
participating in a criminal organization. 
40-year-old Miriam COHEN , Willowdale, Ontario, with eight (8) counts 
including 3 charges of fraud, 4 counts of conspiracy to commit, and 1 count of 
participating in a criminal organization. 
53-year-old Ali VAEZ TEHRANI, Richmond Hill, Ontario, with eleven (11) counts 
including 3 charges of fraud, 4 counts of conspiracy to commit, 3 counts of 
uttering forged documents and 1 count of participating in a criminal 
organization. 
50-year-old Madjid VAEZ TEHRANI, Toronto, Ontario, with eight (8) counts 
including 2 charges of fraud, 3 counts of conspiracy to commit, 2 counts of 
uttering forged documents and 1 count of participating in a criminal 
organization. 
45-year-old Alireza SALEHI, Vaughan, Ontario, with eleven (11) counts 
including 3 charges of fraud, 4 counts of conspiracy to commit, 3 counts of 
uttering forged documents and 1 count of participating in a criminal 
organization. 
37-year-old Ekaterina CHAPKINA, Concord, Ontario, with eight (8) counts 
including 2 charges of fraud, 3 counts of conspiracy to commit, 2 counts of 
uttering forged documents and 1 count of participating in a criminal 
organization. 
37-year-old Kamyar GHATAN, Richmond Hill, Ontario, with five (5) counts 
including 1 charge of fraud, 2 counts of conspiracy to commit, 1 count of 
uttering forged documents and 1 count of participating in a criminal 
organization. 
49-year-old Armand LEVY, Vaughan, Ontario, with four (4) counts including 1 
charge of fraud, 2 counts of conspiracy to commit and 1 count of participating 
in a criminal organization. 
The RCMP's Commercial Crime Sections deal with a wide range of white-collar 
crimes such as currency counterfeiting, commercial fraud, mass marketing 
fraud, fraudulent bankruptcies and insolvencies, and cases of corruption and 
theft in which the government has been victimized. The role of the Commercial 
Crime Program is also to reduce the impact of commercial crime on Canadians 
and preserve the integrity of government programs and the economy through 
enforcement, public education, and crime prevention. 
The first appearance for the accused individuals is scheduled for November 
1st, 2012, at 1000 Finch Avenue West Courthouse in Toronto, Ontario. If 
convicted, penalties range up to 14 years in prison under the Criminal Code. 
Sgt. Richard Rollings, Media Relations Coordinator RCMP "O" Division Office: 
(519)640-7302 Cell: (416)992-4409 
http://www.rcmp-grc.gc.ca/on Twitter@RCMPONT FacebookRCMP in Ontario RSS 
News Feed Subscription 
SOURCE: Royal Canadian Mounted Police 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/November2012/01/c3898.html 
CO: Government of Canada
ST: Ontario
NI: LAW VERDICTS LAWVIEWS  
-0- Nov/01/2012 18:47 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.