How a fraudster got $12 million out of a Canadian university: They just asked for it

“The email started with an innocent “Hiya,” but the words that followed set off a chain of events that would tarnish a university’s reputation and send investigators on a months-long chase across the ocean and back. It’s been just over a year since MacEwan University was blindsided by an $11.8-million fraud. While the ruse itself was simple, the case that followed was anything but. Police had to navigate a complex money-laundering scheme that funnelled some of the stolen public funds through various accounts in two continents before reinvesting it in a real-estate deal in Richmond, B.C.”

Claire Theobald – StarMetro Edmonton – October 2018

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