International Law

Business Opportunity Solutions Scam

Image by hfabulous via Flickr

The Toronto Star reports about a standard biz op fraud.

A Toronto man has been arrested for defrauding GTA and Vancouver residents of about $800,000 through a digital photo developing machine scam.

Police say the suspect was operating the company Business Opportunity Solutions and posted advertisements in local Asian and East Indian newspapers.

At sales seminars in Vaughan and at a satellite Vancouver office he advertised on-site digital photo machines that included Internet access.

Victims were convinced to purchase the machines and told they would be placed somewhere they would make a profit for the owner.

Police investigations uncovered the machines were never purchased.

Xiandong Chen, 41, is charged with fraud and theft.

Full post as published by Misleading Advertising Law on November 21, 2008 (boomark / email).