Quebec provincial police have arrested three individuals linked to a sophisticated luxury car fraud ring that spanned five provinces. The suspects allegedly defrauded 22 car dealerships of more than $3.3 million between 2022 and 2023.
The fraud scheme involved using counterfeit documents, including IDs, credit reports, cheques, and pay stubs, to purchase luxury vehicles worth an average of $126,500. Once in possession of these vehicles, the suspects would allegedly export them overseas. The criminal cell is believed to have originated in Mascouche, Quebec, a suburb north of Montreal.
The arrested individuals include a 47-year-old man from Mascouche, a 62-year-old man from Montreal, and a 61-year-old man currently detained in Ontario. They are scheduled to appear in court in Joliette, Quebec, in mid-July. Police are still searching for a 42-year-old man from Mascouche connected to the case.
