A 60% interest rate wasn’t enuff???

Harold the Mortgage Closer accused of charging ‘vulnerable’ people interest rates up to 76 per cent

Ontario is moving — again — to shut down Harold the Mortgage Closer, alleging he has for years carried out a scheme that charged “vulnerable” people up to 76 per cent interest on mortgages.

Enforcement action by the Financial Services Regulatory Authority of Ontario comes on the heels of a Toronto Star investigation into a mortgage deal that Harold Gerstel and his companies had with the late Judy Allen, a senior who eventually lost her North York bungalow to Gerstel.

The regulator says it has now looked more deeply into Gerstel’s activities and found five other cases. Among them, situations in which, the regulator alleges, Gerstel’s effective interest rate was as high as 76 per cent. Canada’s Criminal Code has set 60 per cent as the highest legal interest rate allowed.

60% interest wasn’t enuff???

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Customers are fed up with anti-theft measures at stores. Retailers say organized crime is to blame

Susan Dennison recently had an unsettling experience at her local grocery store, a Loblaw-owned Fortinos in Burlington, Ont.

Just as she was leaving, the wheels on her shopping cart locked up — making it immobile.

She said a store employee rushed over and demanded to see her receipt.

I find self-checkout to be the worst “advance” in retail. Costco bill check is a minor annoyance. But I do recommend you check grocery bills for billing errors, I have caught several including one from Costco in just the past 6 months. Not huge mistakes maybe 30 bucks in total. My local Farmboy is not to be trusted, and I wonder if it’s as I suspect their “Foreign Student” hiring practices. A constant turnover in staff can’t help.

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Sadiq Khan thinks knife crime is a joke

The old Latin invocation to not speak ill of the dead is one of the oldest and most famous aphorisms in Western culture. But in London, in 2024, it has become increasingly acceptable among certain circles to mockingly dismiss and ignore the dead. Spiralling violent crime has become an unlikely source of amusement for not only London’s newly re-elected mayor, Labour’s Sadiq Khan, but also for many of his elite endorsers.

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British Columbia to bar those guilty of serious crimes from changing names

Canada’s westernmost province has says it will stop people who committed serious crimes from changing their names, following revelations that a child-killer tried to keep his new identity secret.

British Columbia’s health minister said on Monday his government would introduce legislation to amend the province’s name act.

“Allowing these individuals to hide their identity through a name change is extremely troubling to victims and their families and can result in safety concerns for members of the public,” said Adrian Dix. The new prohibition would apply to adults, as well as offenders under 18 but who are convicted and sentenced as adults.

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Tasha Kheiriddin: Canada is spiralling into disorder under catch-and-release bail policies

Four people killed, including a baby and his grandparents. A horrific head-on collision on Canada’s busiest highway that could have been even more deadly, according to eyewitnesses. All caused by a driver fleeing police after allegedly holding up a liquor store.

The driver, international student Gagandeep Singh of Milton, Ont., was out on bail for multiple charges of theft and robbery. According to police, he was also under investigation for carjacking and subject to a driving ban. The case sparked outrage not just because it took the lives of three innocent people, but because it feels like this was a tragedy waiting to happen.

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Lifetime ban? License suspension for car thieves could be coming to Ontario

The Ford government says it plans to suspend some driver’s licenses for people found guilty of auto theft offences in legislation set to be tabled later in the week.

Transportation Minister Prabmeet Sarkaria, along with Solicitor General Michael Kerzner, teased the proposed new law Tuesday, which could lead to repeat vehicle thieves having their licenses suspended for life in certain cases.

If this goes through we’ll see car theft prosecutions declared racist.

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Prominent Black charity that receives significant tax dollar funding paid $1.5M to 2 board members’ companies, records show

Screen grabs from BBPA-Financial-Statements-2023

Some members of a prominent charity for the Canadian Black business community are calling for its board of directors to resign and for a third-party audit after discovering the non-profit paid two former board members’ companies at least $1.5 million for services while they were on the board or CEO of the charity.

CBC Toronto obtained dozens of pages of internal records concerning the Black Business and Professional Association (BBPA) — including invoices and transaction records — which show the non-profit did not disclose more than $800,000 of that spending as related party transactions to the Canada Revenue Agency (CRA).


I’m shocked. Screen shots taken from  BBPA-Financial-Statements-2023

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MANDEL: No firing for ‘superstar’ senior officer who cheated because the black community would be angry

The irony is that if Supt. Stacy Clarke were anyone else employed by Toronto Police, her bosses would want her fired for a promotions cheating scandal she spearheaded to help Black officers vying for promotion.

But firing isn’t even on the table because the first female Black superintendent in Toronto Police history is a “superstar.”

Can’t be fired because that would make blacks angry? Toronto is fucked.

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Girls charged in fatal ‘swarming’ attack of Kenneth Lee headed to trial

Eight girls who police alleged murdered homeless man Kenneth Lee are headed to a jury trial.

Ontario Court Justice David Rose committed each of them to trial on Friday after 10 days of hearing evidence and argument at a preliminary hearing. But not all of the girls will stand trial on the second-degree murder charge laid by Toronto police.

Six of the girls, Rose ruled, will face trial on second-degree murder and two were committed to stand trial on the lesser charge of manslaughter.

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‘This is a daily occurrence’: Employees say LCBO theft that led to wrong-way 401 police chase is alarmingly common

The LCBO theft in Durham that ended in tragedy on Highway 401 was yet another reminder that liquor stores are a prime target for brazen thieves who have been armed with knives, needles, brass knuckles and handguns.

The liquor store robbery that sparked the police response in Bowmanville was similar to incidents that happen in LCBO stores daily, according to one employee familiar with the matter. “This particular situation was a regular situation we see all the time, ” said the LCBO employee.

H/T DS

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Toronto cop to be sentenced in racist promotion cheating scandal that saw her give exam answers to fellow black cops … Star suggests it was Diversity effort

Inexcusable police misconduct from a high-ranking officer, or an ill-fated attempt to diversify Toronto’s ranks?

The motivations of Toronto police Supt. Stacy Clarke could take centre stage Monday, as the high-profile and long-delayed penalty hearing begins for the pioneering senior officer entangled in a promotional cheating scandal that rocked the force in 2022.


A diversity effort?  I bet she keeps her job.

Of course she’s the victim … High-ranking Toronto police officer helped officers cheat on exam due to isolation and mistreatment, lawyer says

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Binance founder’s prison sentence leaves crypto in freefall

Binance founder Changpeng Zhao was this week sentenced to four months in an American prison for failing to take adequate measures against cybercriminals and terrorist groups on his exchange. For some crypto enthusiasts, there may yet be a silver lining to this sad episode. As crypto goes from being a buccaneering innovator in finance to one of the grown-ups in the room, the increased scrutiny from regulators will weed out some bad apples, in turn enabling a cleaned-up sector to move forward.

However, the incident underscores a tension at the heart of crypto. Created by libertarians angry at the bank bailouts that followed the 2008 global financial crisis, it was originally intended as a new form of money that would operate outside the formal system. Along with new dark web spaces that sprang up around that time, such as Silk Road, its whole purpose was to create an autonomous space where a new economy could emerge. If a few bad apples used it, that was a price worth paying for sticking it to the man. After all, the 2008 crash had revealed plenty of villains in the regulated banking sector.

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Twelve Arrests made and 102 Charges Laid in Project Déjà Vu, a Synthetic-Identity Fraud Investigation

They’re all Trudeau’s Carpenters too!

The Toronto Police Service is making the public aware of 12 arrests and 102 charges laid in a major synthetic-identity fraud investigation dubbed Project Deja Vu.

Watch news conference here.

In October 2022, the Toronto Police Service Financial Crimes Unit began investigating a synthetic-identity credit fraud scheme that began in 2016. The perpetrators are alleged to have created more than 680 unique synthetic identities, many of which were used to apply for and open hundreds of bank accounts and credit accounts at various banks and financial institutions across Ontario.

h/t Patti Jo

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