A Toronto businessman accused of orchestrating a $12-million pandemic-related Ponzi scheme was arrested and charged with fraud by Toronto police on Monday, just hours after investigators discovered his location, CBC News has learned.
A Toronto businessman accused in court filings of being one of two masterminds in a multimillion-dollar COVID-19-related Ponzi scheme can't be located as angry creditors, their lawyers and shadowy figures with ties to illegal gambling rings try to find him and their money.