TORONTO, May 23, 2012 /CNW/ - The Royal Canadian Mounted Police (RCMP) - Greater Toronto Area (GTA) Commercial Crime Section in collaboration with the Ontario Region Special Investigation Unit of the Office of the Superintendent of Bankruptcy (OSB), charged the following individual with offences under the Criminal Code (CC) and the Bankruptcy and Insolvency Act (BIA). The charges relate to an alleged fraud and the abuse of the bankruptcy process.
Talat Ulun, 62 years of age, of Brampton, Ontario, has been charged with one count of 'Fraud Over $5000' contrary to section 380(1) CC and six offences under 198 of the BIA including 'unlawfully disposing of property obtained on credit and not paid for'.
The first court appearance is scheduled for Friday, May 25th, 2012 at Old City Hall in Toronto.
The combined efforts of the RCMP and the OSB Special Investigation Units will continue to focus on responding to allegations of criminal wrongdoing related to the bankruptcy and insolvency system and undertaking criminal investigations where evidence of wrongdoing exist. The objective is to maintain confidence in the integrity of the bankruptcy and insolvency system and the economic stability of Canada.
The RCMP GTA Commercial Crime Section can be reached by calling the RCMP Toronto West Detachment at 1-800-461-9398.
For further information:
Sgt. Richard Rollings,
Media Relations Coordinator
RCMP "O" Division