In recognition of Fraud Prevention Month this March, the Financial Crimes Unit is reminding people that just because a caller knows information about you doesn’t mean they’re legitimate. At a news conference held at police headquarters on March 11, Detective David Coffey said investigators are seeing an increase in fraud...

In late 2022, Detective Constable Sarath Thayalan, of Financial Crimes Unit Major Fraud section, began an investigation that led him to unravel a large-scale synthetic-identity fraud scheme that operated for seven years. “The investigation started with a report from a financial institution, concerning an allegation that multiple synthetic identities had...

Toronto Police arrested 10 people and laid 108 charges in a major SIM swap fraud investigation. In June 2023, The Service’s Financial Crimes Unit, in partnership with the Co-ordinated Cyber Centre, launched Project Disrupt into a SIM swap fraud scheme. “It was alleged that perpetrators had taken over the...