On Wednesday, May 14, 2014, members of the Toronto Police Fugitive Squad, working along with the RCMP - GTA Financial Crimes Section and the FBI, arrested international wanted fugitive John Star, 43.
He was wanted by the FBI in New York for fraudulently obtaining over $10 million USD in loans through a mortgage schemes.
It is alleged that:
- between January 2005 and May 2007, Star and others (unknown) developed a scheme whereby they purchased real estate properties at foreclosure auctions using shell companies. The properties were then resold to straw buyers for inflated prices.
He had been arrested in New York on April 6, 2010, and released on bail. On April 28, 2010, Star failed to appear in court. It is believed he fled the USA to Canada at this time under an alias.
Information was received by the RCMP - GTA Financial Crimes Section that the fugitive may be living in the Toronto area under the alias Elvis Ized. The Toronto Fugitive Squad was contacted to assist in his location and arrest. The Fugitive Squad worked with the RCMP and FBI to identify him as the wanted fugitive.
On Wednesday, May 14, 2014, a Provisional Arrest Warrant was obtained and he was arrested without incident in the Jane Street and Highway 401 area.
For more news, visit TPSnews.ca.
He was wanted by the FBI in New York for fraudulently obtaining over $10 million USD in loans through a mortgage schemes.
It is alleged that:
- between January 2005 and May 2007, Star and others (unknown) developed a scheme whereby they purchased real estate properties at foreclosure auctions using shell companies. The properties were then resold to straw buyers for inflated prices.
He had been arrested in New York on April 6, 2010, and released on bail. On April 28, 2010, Star failed to appear in court. It is believed he fled the USA to Canada at this time under an alias.
Information was received by the RCMP - GTA Financial Crimes Section that the fugitive may be living in the Toronto area under the alias Elvis Ized. The Toronto Fugitive Squad was contacted to assist in his location and arrest. The Fugitive Squad worked with the RCMP and FBI to identify him as the wanted fugitive.
On Wednesday, May 14, 2014, a Provisional Arrest Warrant was obtained and he was arrested without incident in the Jane Street and Highway 401 area.
For more news, visit TPSnews.ca.