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Two men have been accused after Ontario authorities investigated the suspicious activity of bets and gift card fraud.
Two men have been accused by the Office of Investigation and Compliance with the Provincial Police (OPP) of Ontario (IEB) in relation to the suspicious activity of sports bets and gaming of the Lottery and Gaming of Ontario. The investigation was caused when thousands of gift cards committed themselves in several gas bar locations in Sault Ste. Marie and Thunder Bay.
IEB additional research revealed that fraud amounted to CAS $ 400,000 ($ 290,000 USD), where Gift cards were used to pay Proline bets. The two men would supposedly bet on both teams to guarantee a victory.
“Olg’s purchases and bets were made in the gas bars using the gift cards obtained from Fraudulent,” said OPP Corporate Communications Office spokeswoman Gosia Puzio, in an email seen by CTV News. “The gas bars and their employees did not know that the gift cards were fraudulent.
“The betting pattern was consistent with money laundering, where individuals place large bets on both sides of a sporting event to guarantee a minimum gain or loss. A greater investigation confirmed that bets and purchases in the locations of the gas bar were made using gift cards obtained fraudulently.”
Of the fraud gift card
This style of operation has been seen by officials responsible for enforcing the law before. However, the OPP has said that the investigation is still in progress, maintaining some details such as how the gift cards were obtained, private as the authorities continues.
Joshua Silver, 36, of Thunder Bay, has been accused of fraud of more than $ 5,000, washing of crimes, conspiracy, identity theft, falsification, counterfeit document and possession of property obtained by the crime. He has been arrested and appeared before the Court of Justice of Ontario on September 22.
He was arrested next to Montgomery McMahon, 45, also from Thunder Bay and a similar accused of fraud of more than $ 5,000, washing the income of the crime, conspiracy, falsified document and possession of properties obtained by the crime. He will face the Court on September 23.
Outstanding image: Pexels
Post Canadian’s Gift Sports Research takes two arrests to appear first in Readwrite.
