Printing Industry News for Canada | RSS | 
31 October 2011
Former printer charged with fraud
TORONTO—A former owner of a printing company was arrested last Tuesday on allegations dating back six years.
Toronto Police say the suspect deceived individuals by "claiming to conduct business with world-renowned companies", with those individuals then investing in printing contracts that police say didn't exist.
Toronto Police say of the ten people who have come forward, the suspect garnered around $9 million between 2005 and 2009.
Tzvi Erez, age 44 of Toronto, is charged with 10 counts of fraud over $5,000. He is scheduled to appear in court at Old City Hall on Dec. 6.
A Globe and Mail story names Erez's former printing business as E. Graphix Ltd., which went into bankruptcy.
Toronto Police say the suspect deceived individuals by "claiming to conduct business with world-renowned companies", with those individuals then investing in printing contracts that police say didn't exist.
Toronto Police say of the ten people who have come forward, the suspect garnered around $9 million between 2005 and 2009.
Tzvi Erez, age 44 of Toronto, is charged with 10 counts of fraud over $5,000. He is scheduled to appear in court at Old City Hall on Dec. 6.
A Globe and Mail story names Erez's former printing business as E. Graphix Ltd., which went into bankruptcy.
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