November 25, 2010 by Canadian Underwriter
A Toronto man has been charged in connection with an insurance fraud investigation.
According to Toronto police, the fraud scheme involved a paralegal who said he was operating under Royal Sun and Alliance Company, using ‘Executive Brokers’ as the name of the insurance broker.
The brokerage address was presented as 251 Consumers Road #1200.
Concerned that there might be other victims who bought insurance from the perpetrator or his company, and who are now driving without valid insurance, Toronto Police have released a photo of the accused.
Police are appealing to any one who might have purchased insurance from the accused or Executive Brokers to contact the Registered Insurance Brokers of Ontario (RIBO) to ensure that they do, in fact, have valid insurance.
Peter Joseph of Toronto has been charged with false pretences under $5,000, forgery and uttering forged document.