Fraud case closed: no appeals & all City funds returned
No defendant has filed an appeal in the Ontario case involving $1.04 M in stolen City funds directed to a fraudster’s bank account in August.
“All the money stolen in the fraud scheme is now back in the City’s hands,” says Acting City Solicitor Christine Bogad. “The passing of this deadline brings the case to a close.”
Last month an Ontario Superior Court Justice ordered the return of $345 thousand in City money fraudulently obtained in August. The majority of the stolen money had already been returned.
The remaining $345 thousand had been the subject of court hearings in Toronto where three parties claimed they had been unwitting victims of the fraud scheme.
Justice Michael A. Penny found none of the remaining defendants provided enough evidence to require a trial.
Each defendant had a 30 day window to appeal, which closed yesterday.