TORONTO, Nov. 16, 2012 /CNW/ - The Integrated Bankruptcy Enforcement
Unit comprised of the Royal Canadian Mounted Police (RCMP) - Greater
Toronto Area (GTA) Commercial Crime Section and the Ontario Region
Special Investigation Unit of the Office of the Superintendent of
Bankruptcy (OSB), charged the following individuals with offences under
the Criminal Code and the Bankruptcy and Insolvency Act (BIA). The allegations all relate to fraud and the abuse of the bankruptcy
Suguna THIVYANATH, age 43, of Toronto has been charged with three counts
under Sections 362, 368, and 380 of the Criminal Code; 'obtaining credit by false pretense', 'uttering forged documents', and
'fraud over $5000'. Furthermore, Ms. THIVYANATH is also charged with
four additional offences under Sections 198(1)(b), 198(1)(e),
198(1)(g), and 198(2) of the BIA; 'failure to answer fully and truthfully', 'obtain credit by
falsehood', 'disposition of property obtained on unpaid credit', and
'failing to comply with duties as a bankrupt'.
An arrest warrant has been issued for co-accused Kannan SINGARAM, age
44, formerly of Toronto now believed to be residing in India.
The matter is scheduled for first appearance at Ontario Court of Justice
- Old City Hall in Toronto on November 16, 2012.
The RCMP and the OSB Special Investigation Units will continue to
combine their efforts to investigate allegations of criminal wrongdoing
related to bankruptcy and insolvency matters in order to protect the
integrity of the insolvency system in Canada.
The RCMP GTA Commercial Crime Section can be reached by calling
SOURCE: Royal Canadian Mounted Police
For further information:
Sgt. Richard Rollings,
Media Relations Coordinator
RCMP "O" Division
Office: (519) 640-7302
Cell: (416) 992-4409