Evlakhov Valeriy/Shutterstock

On Wednesday, September 20, 2017, members of the Toronto Police Service, in partnership with the RCMP’s Integrated Marketing Enforcement Team, announced details of Project Briscola.

It is alleged that:

  • since 2014, the accused have been fraudulently obtaining cash from leasing companies
  • using inflated financial statements, they applied for leases claiming to be representatives for companies in need of equipment
  • they would also claim to represent the equipment company and provided quotes for high-priced equipment
  • the leasing companies would provide a lump sum payment for these orders
  • equipment that was of low value, or no equipment at all, was provided
  • the accused would stop payments to the leasing companies

It is further alleged that 16 leases were fraudulently obtained by these means, representing a total loss of $11 million to victims.

Over the last several weeks, search warrants have been executed in the following areas:

1. Elgin Drive/McLaughlin Road South, Brampton
2. Islington Avenue/Major Mackenzie Drive West, Vaughan
3. 14th Avenue/Woodbine Avenue, Markham
4. Main Street North/Guelph Street, Georgetown
5. Lake Shore Boulevard West/Louisa Street, Toronto
6. Renfrew Drive/Hooper Road, Markham

With the cooperation of the RCMP, the following people have been arrested and charged:

1. Faisal Iqbal Qureshi, 42, of Richmond Hill:

a) 14 counts of Fraud Over $5,000
b) Participate in a Criminal Organization

2. Giuseppe Gatti, 48, of Ajax:

a) 14 counts of Fraud Over $5,000
b) Participate in a Criminal Organization

3. Taragh Bracken, 47, of Whitby:

a) 14 counts of Fraud Over $5,000

4. Darrell Shulman, 49, of Thornhill:

a) 14 counts of Fraud Over $5,000
b) Participate in a Criminal Organization

5. Mary Sophie Kaloczi, 35, of Georgetown:

a) 14 counts of Fraud Over $5,000
b) Participate in a Criminal Organization

6. Maurizio Adiletta, 53, of Brampton:

a) 14 counts of Fraud Over $5,000
b) Participate in a Criminal Organization

7. Pino “Frank” Guido, 53, of Kleinburg:

a) Fraud Over $5,000
b) Possession of Proceeds of Crime

8. Eric Thomas, 57, of Mississauga:

a) Fraud Over $5,000

9. Sanjeev Mannan, 48, of Locust Hill:

a) Fraud Over $5,000

10. Laura Tolosa, 37, of Toronto:

a) Fraud Over $5,000

11. Cosimo Commisso, 72, of Vaughan:

a) Possession of Proceeds of Crime

12. Ravinder Bedi, 54, of Brampton:

a) Fraud Over $5,000

All of the accused are scheduled to appear in court at Old City Hall, on Thursday, October 26, 2017, 9 a.m.

Project Briscola could not have been possible without the cooperation of local, national and international partners. The Toronto Police Service would like to thank the following:

RCMP’s Integrated Marketing Enforcement Team
U.S. Department of Homeland Security
Federal Bureau of Investigation – Houston, Texas Field Office
Federal Bureau of Investigation – Jacksonville, Florida Field Office
State Bureau of Investigation, Texas
Australian Criminal Intelligence Commission
Canada Border Services Agency
Financial Transactions and Reports Analysis Centre (fintrac)
Financial Crimes Enforcement Network (fincen – U.S. Department of the Treasury)
Ministry of Finance
Canada Revenue Agency
BMO – Forensic Intelligence Unit

Anyone with information is asked to contact Detective Rick Ramjattan at 416-808-7825 or Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, or text TOR and your message to CRIMES (274637). Download the free Crime Stoppers Mobile App on iTunes, Google Play or Blackberry App World.