Five Canadian men have been charged by the Federal prosecutors in California for administering multi-million-dollar telemarketing fraud. These men conned elderly residents of Southern California and made them pay debts for a non-existing magazine subscription.
The federal grand jury’s decision to issue a 10-count indictment charging all five of them with a count of conspiracy and nine counts of wire fraud was announced by the U.S. Attorney’s office in Los Angeles.
If the prosecutors are to be believed, all of them lived in Quebec province.
The elderly potential victims all around the U.S. were contacted by the defendants who were in Montreal and Toronto (between 2013 and 2018), for subscription services with fake magazine names such as “Global Readers” and “American Reader Services.” If the prosecutors are to be believed, this conning happened between the years 2013 and 2018.
As stated by the prosecutors, the accused Canadians, for settling the fake debts that the would-be victims had on their heads, made phone calls and asked them to pay it for not receiving the phone calls anymore.
The money demanded by the Canadians was not owed by the Americans if the prosecutors are to be believed. The Canadians did store the data in their data banks for calling them to poke them to make changes in their financial accounts.
It is to be noted that the total losses in the complete case exceed $1 million. The indictment declared by the federal grand jury carries a U.S. prison term up to 20 years.