Bankruptcy charges laid. We previously reported bankruptcy charges laid on another matter on our Blog of January 26, 2006.
MILTON, ON, April 3, 2006 /CNW/
The Royal Canadian Mounted Police, Greater Toronto Area Commercial Crime Section, Toronto West Site, recently charged an individual with offences under the Bankruptcy and Insolvency Act.
As a result of the RCMP investigation Naser KAZEM, 36, of Toronto, Ontario, was charged with four counts under the Bankruptcy and Insolvency Act relating to the disposition of property obtained on credit and not paid for. His first appearance is scheduled for April 28th, 2006 at Old City Hall in Toronto.
The RCMP and the Office of the Superintendent of Bankruptcy continue to investigate a number of allegation of breaches of the Bankruptcy and Insolvency Act including the fraudulent disposition of property, failing to keep proper books of account and failure to comply with duties.
“This partnership will continue to focus its efforts on undertaking criminal investigations where evidence of wrong doing exists. The objective is to maintain confidence in the integrity of the Bankruptcy and Insolvency Process,” stated Inspector Brian Verheul of the RCMP GTA Commercial Crime Section.
For further information: A/Sgt. Michele Paradis, NCO i/c Corporate Communications and Media Relations, RCMP “O” Division, Cellular (416) 992-4409, Pager (416) 715-2375
