Director Sentenced for Tax Evasion and Fined $128,101

The Canada Revenue Agency announced that Henry Grant Wetelainen, a director of a Thunder Bay mining company, was sentenced to a conditional sentence and fined $128,101 for tax evasion. The investigation revealed significant undeclared income and unremitted GST/HST.

Project Glacier Dismantles Criminal Organization, Six Charged

ALERT's Project Glacier investigation concluded with six individuals charged for drug trafficking and organized crime offences in Grande Prairie. Over $283,000 in drugs and cash were seized, including firearms.

OSC charges Rumble, Dziedzic, Foss with fraud over $11 million

The Ontario Securities Commission (OSC) has charged Ryan Rumble, Michael Dziedzic, and Justin Foss with fraud over $5,000 and other offenses. The charges relate to Banknote Capital Inc., where the individuals allegedly defrauded investors of over $11 million between November 2020 and August 2023.

Canada Revenue Agency - Bookkeeper Convicted for GST/HST Evasion

The Canada Revenue Agency announced that Aeddy Leung, a bookkeeper from Surrey, British Columbia, received a conditional sentence order and probation for willfully evading nearly $1 million in GST/HST. Leung pleaded guilty to filing false returns and failing to file returns for hotels he managed.

BaFin Warns Against VYNEX Trade Offers on WhatsApp

BaFin has issued a warning against VYNEX Trade for operating without authorization, offering financial and crypto-asset services via WhatsApp groups and the Lirunex Trading app. The warning highlights potential identity fraud and advises consumers to check BaFin's database for authorized companies.

BaFin Warns Against Prometheus Investment Alliance WhatsApp Offers

BaFin has issued a warning against Prometheus Investment Alliance (PIA) for allegedly offering unauthorized financial and cryptoasset services in Germany via WhatsApp groups and a website. Consumers are being tricked into trading via a specific app using a trading system, and BaFin suspects the operators lack the required authorization.

BaFin Warns Equity Research Ventures PTE. LTD. - No Prospectus

BaFin has issued a warning regarding Equity Research Ventures PTE. LTD. for offering capital investments in Germany without a required prospectus. The company is purportedly based in Singapore and is offering investments under the name "Co-Investment AlleAktien Wealth x SpaceX".

BaFin warns consumers about Gainorex Investment app

BaFin has issued a warning to consumers regarding the Gainorex Investment app, which is being promoted via a WhatsApp group. BaFin suspects the operators are conducting banking and/or financial services without the necessary authorization, making them unsupervised.

BaFin Warns Consumers About mbspoint(.)com

BaFin has issued a warning to consumers regarding the website mbspoint(.)com. The BaFin suspects that the operators of this website are offering financial, investment, and cryptoasset services without the necessary authorization required in Germany.

BaFin Warns Consumers About Unauthorized 'Smarter trading' Platforms

BaFin has issued a warning to consumers regarding a series of unauthorized online platforms operating under the slogan 'Smarter trading with zero spreads.' These platforms are suspected of conducting banking business and/or providing financial services without the necessary authorization from BaFin, posing a risk to consumers.