Toronto woman charged with fraud relating to voluntary bankruptcy process

TORONTO, May 30, 2012 /CNW/ - The Royal Canadian Mounted Police - 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 Bankruptcy & Insolvency Act (BIA) and the Criminal Code (CC). The charges relate to allegations of fraud and abuse of the bankruptcy process.

Rajeswari MANIYARAN , 37 years of age, of Toronto, Ontario was charged on May 25th, 2012 with four counts of Fraud Over $5000 contrary to section 380(1)(a) CC, Fraud Under $5000 contrary to section 380(1)(b) CC, Failing to Keep Books of Account contrary to section 402(1)(c) CC, Neglects to Answer Fully and Truthfully at Examination contrary to section 198(1)(b) BIA, Making a False Entry or Knowingly makes a Material Omission in a Statement contrary to section 198(1)(c) BIA, Failure in Duties of a Bankrupt contrary to section 198(2) BIA, and seven counts of Disposal of Property contrary to section 198(1)(g) BIA.

The Superintendent of Bankruptcy has special investigation units located in major Canadian centers, including Toronto, that work in an integrated fashion with the RCMP to investigate fraudulent bankruptcies. The RCMP works closely with the Superintendent of Bankruptcy's office to maintain the integrity of the bankruptcy and insolvency system by investigating individuals and businesses who commit bankruptcy fraud.

The RCMP GTA Commercial Crime Section can be reached by calling the RCMP Toronto West Detachment at 1-800-461-9398.

Sgt. Richard Rollings,
Media Relations Coordinator
RCMP "O" Division
Office: [phone]
Cell: [phone]