Toronto woman charged with fraud relating to voluntary bankruptcy process

TORONTO, July 4, 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 allegations all relate to fraud and the abuse of the bankruptcy process.

Sutharsiny KONALINGAM , 34 years of age, of Toronto, Ontario was charged on June 27^th, 2012 with three counts of Fraud Over $5000, contrary to section 380(1)(a) CC; Neglect to Answer Fully and Truthfully at Examination, contrary to section 198(1)(b) BIA; Make a False Entry or Knowingly make a Material Omission in a Statement, contrary to section 198(1)(c) BIA; and four 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 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]