Two Pakistani-Canadians arrested over C$1.1-m fraud: Canadian media
TORONTO: Two Pakistani-Canadians were arrested Wednesday over purported fake borrowing of over C$1 million in Canada, Geo News reported citing military sources.
The arrestees — identified as Wajid Ali Khan, a former Member of a Canadian House of Commons and Nadeem Imtiaz Ahmed — were charged by a Royal Canadian Mounted Police (RCMP) with a fake borrowing of some-more than C$1.1 million, a country’s media reported.
Khan, 71, faces 7 charges, whereas Ahmed faces five. Both are residents of Ontario’s Mississauga area.
According to a RCMP’s website, a National Division’s Sensitive and International Investigations section charged Khan with 3 depends of False Pretence (Section 362 CC), 3 depends of Fraud (Section 380 CC), and one count of uttering a fake request (Section 368 CC).
On a other hand, a section charged Ahmed with dual depends of False Pretence (Section 362 CC), dual depends of Fraud (Section 380 CC), and one count of uttering a fake request (Section 368 CC).
The website added: “As with any financial crime investigation, additional charges might be laid if some-more victims come forward.”
The rascal initial came to notice when a arrestees’ victims claimed a “two group fraudulently borrowed some-more than $1.1 million from their personal contacts in Canada, revelation their victims they were regulating a income to squeeze investment properties on their interest in Pakistan”.
The accompanying investigation, underneath that Khan and Ahmed have been arrested and charged, is rigourously famous as Project Alcazar and commenced back in Jan 2015.