Ontario's most significant attempt to improve fraud enforcement in recent years was launching the Serious Fraud Office in 2018. In its investigative series, The Cost of Fraud, CBC Toronto looks at how expanding the office's model might help address the drop-off in fraud cases through the system.
Ontario's most significant attempt to improve fraud enforcement in recent years was launching the Serious Fraud Office in 2018. In its investigative series, The Cost of Fraud, CBC Toronto looks at how expanding the office's model might help address the drop-off in fraud cases through the system.Det. Supt. Dominic Chong is director of the Serious Fraud Office for the Ontario Provincial Police.
Last June, after a four-year investigation and prosecution, DeBono was sentenced to seven years in prison, which was cut down to just over four years after he received credit for pre-sentence custody. DeBono was also ordered to pay nearly $29 million in restitution to victims.If fraudsters don't pay court ordered restitution in Ontario it's up to victims to try to collect
Dominican Republic National Police seized these assets from now-convicted fraudster Charles DeBono when he was arrested in the country in 2021. Chong credits the SFO's ability to take on those kinds of cases to resources that allow it to overcome some challenges facing other fraud investigators. Unlike other units, the office is self-sufficient when it comes to otherwise shared resources such as digital forensics, includes full-time investigators from both the OPP and several Greater Toronto Area police services and works with dedicated Crown attorneys from the get-go.
"Federal, provincial, municipal governments have to sit down at the table and say, 'this is a significant issue,'" said German. "It's not just for the politicians, it's also for those that work within policing systems, prosecutorial systems, and the courts to advocate what they feel can best deal with this problem.", which would become the national enforcement body for investigating complex financial crimes.
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