18
Aug
Calgary (Rajeev Sharma): A major investigation into illegal lending practices targeting consumers in Alberta has resulted in several guilty pleas, financial penalties and court-imposed restrictions, following allegations of excessive interest rates, harassment and intimidation. The province’s Consumer Investigations Unit (CIU) began probing the activities in 2025 after receiving complaints from consumers. Investigators found that some Quebec-based businesses were presenting themselves as legitimate lenders while allegedly offering loans at unlawful rates and using aggressive methods to recover money from borrowers. Authorities also uncovered the use of Telephony Denial of Service (TDoS) attacks. The technique was allegedly used to flood telephone systems…
