This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
12/22/2017
U.S. Secret Service helped bust $10M Ponzi scheme in Red Deer, RCMP says
CBCNews
A man in Red Deer, Alta., faces multiple charges in connection with an alleged $10-million Ponzi scheme that RCMP say they cracked with help from the U.S. Secret Service.
The 20-month probe involved allegations of fraud in the sale and rental of mobile light towers by Silvertip Energy Inc., RCMP said in a release Thursday.
It's alleged the company's owner sold or rented light towers with the same serial number to multiple investors, and had also sold or rented units that were never manufactured.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information