Luxton and Company must be hiding out somewhere, I don't think they realize just how many police officers are shareholders - pissed shareholders.
Wouldn't that be a nice on-the-job incentive for a cop to see these guys arrested ?
Personally, I can't wait to see Luxton, Ryan, and Preston on this website;
[url]http://www.rcmp-grc.gc.ca/wanted-recherches/index-eng.htm[/url]
White Collar crime is not as easy to get away with as it once was. The massive write-downs that VRS CFO has been dwindling asset value, is nothing less than fraud.
Devaluating an assets worth below its actual value, is hiding money. Fraud.
[url]http://www.rcmp-grc.gc.ca/ccb-sddc/comm-eng.pdf[/url]
[url]http://www.rcmp-grc.gc.ca/ccb-sddc/nat-interest-interet-eng.htm[/url]
National Interest Investigations
National interest investigations are those investigations which concern corruption of domestic public officials, the integrity of national programs or matters requiring special investigative expertise.
Such investigations will normally be conducted by Commercial Crime Sections or with their assistance. The RCMP meets investigative demands in this area with existing resources. Commercial Crime Sections work cooperatively with other domestic and international law enforcement and government agencies and departments.
The RCMP Commercial Crime Sections are often called on to conduct sensitive investigations involving the following Criminal Code offences:
[url]* s. 121. Fraud on the Government[/url]
[url]* s. 122. Breach of trust by a public officer[/url]
[url]* s. 125. Influencing or negotiating appointments or dealing in offices.[/url]
[url]* s. 362. False Pretence[/url]
[url]* s. 366. Forgery[/url]
[url]* s. 368. Uttering a forged document[/url]
[url]* s. 380. Fraud[/url]
[url]* s. 397. Falsification of Books and Documents[/url]
[url]* s. 426. Secret Commissions[/url]
[url]http://www.rcmp-grc.gc.ca/ccb-sddc/nat-interest-interet-eng.htm[/url]
Bankruptcy and Insolvency
The RCMP Commercial Crime Sections cooperate with the Superintendent of Bankruptcy to help maintain the integrity of the Canadian bankruptcy and insolvency system by investigating related criminal activities.
The insolvency process is a legal proceeding under the provisions of the Bankruptcy and Insolvency Act , an act that is administered by the Office of the Superintendent of Bankruptcy. If a person or company is unable to meet its debt obligations, it is said to be insolvent. When that happens, there are three main options under the Act:
* Bankruptcy - Assets of an individual or company are liquidated and the proceeds are given to people who are owed money.
* Proposal - An offer is made to people who are owed money in an effort to settle the debt.
* Receivership - A secured creditor (often a bank or other large creditor represented by a receiver) comes in and generally takes control of the assets of the company. This usually applies to companies, not individuals
There are also three main players:
* Debtor - The person or company that owes the money.
* Creditor - The person or company that is owed the money.
* Trustee - The people who are licensed to administer the proceedings.
Most crimes in this area are committed by debtors when they hide or dispose of assets fraudulently, before or after being bankrupt; or when they fail to comply with the duties of a bankrupt.
Major Fraud
Fraud investigations in the first instance remain the responsibility of the police service or investigative agency of primary jurisdiction. However, Commercial Crime Sections may assume, or may be directed to assume investigative responsibility in cases of major fraud.
Major fraud within the Commercial Crime Program mandate can be defined as fraud cases of provincial, national or international significance (having due regard for contractual obligations with the provinces) in which one or more of the following elements are present:
* one or more of the RCMP strategic priorities (i.e. Organized Crime)
* substantial value or financial losses
* substantial impact on victims
* high degree of criminal sophistication
* requirement for special investigative expertise
* municipal, provincial, or federal governments as victim
* satisfying public or national interest
The RCMP Commercial Crime Sections work closely with the financial community, other law enforcement agencies and government to educate, prevent and investigate major fraud.
Several different types of fraud fall under Major Fraud within the Commercial Crime Program mandate. Some of these are as follows: corporate fraud, investment fraud, securities fraud, mass marketing fraud, credit fraud.
Corporate Fraud
Can include fraud by or against a company. Fraud against a company can happen through misappropriation of corporate assets by a company senior officer or by staff. Criminals use numerous methods to defraud companies for whom they work. These include fictitious revenues, concealed liabilities and expenses, and asset or revenue understatements or overstatements. Fraud by a company may be committed by providing incorrect or misleading information to shareholders or regulators, including financial reporting fraud – where incorrect or misleading information is provided for individual financial gain.
Address
RCMP Public Affairs and Communications Services
Headquarters Building
1200 Vanier Parkway
Ottawa ON K1A 0R2
Phone
General Inquiries: 613-993-7267
Fax
613-993-0260
The RCMP does not accept reports of crime via email.
Contact Us
Tel: 613-993-8887
Click here for a detachment near you
[url]http://www.rcmp-grc.gc.ca/detach/index-eng.htm[/url]
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