TORONTO, Sept. 3, 2014 /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 Firoza BABAR, age 56, of Mississauga, Ontario
with offences under the Criminal Code (CC) and the Bankruptcy and
Insolvency Act (BIA) namely:
s. 362(1)(c) CC - False Statement in Writing to Obtain Credit
s. 198(1)(c) BIA - Make a False Entry or Material Omission in a
s. 198(1)(g) BIA- Disposal of Property Obtained on unpaid credit
The matter is scheduled for first appearance at Ontario Court of Justice
- Old City Hall in Toronto on September 5, 2014.
It is alleged Ms. BABAR attempted to use the bankruptcy process to
absolve herself of $585,470.25 of debt, a significant amount of which
had been fraudulently obtained.
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.
SOURCE: Royal Canadian Mounted Police
For further information:
S/Sgt. Peter Koersvelt,
RCMP "O" Division
Website: RCMP in Ontario