York Regional Police identified a suspect they believe is behind a multimillion-dollar fraud ring that involved money laundering, document forgery and banking and passport fraud.

Vladimor Loginov is alleged to be the architect behind about 520 forged Israeli passports over the last 10 years, many of which were sold to people who then used them to get car insurance and commit staged collisions.

At least 19 collisions are being investigated, each one fetching some $40,000 in insurance money.

Fourteen people have been arrested and have been charged with a combined 145 offences in connection with an extensive investigation conducted by York's Major Fraud Unit, Canada Border Services Agency and the Ontario Ministry of Transportation.

Police say five search warrants have been executed since the investigation began last March. During the search of a house in Aurora, Ont., police say they found a fully-functional document forgery laboratory.

York police previously said the value of the committed frauds was approximately $10 million, but now suspect it could be as much as $50 million.

Police also seized a motor vehicle, a pontoon boat and $50,000 in cash in the investigation, as well as foreign passports, Ontario driver's licences, government stamps and equipment used to forge documents.

Loginov is not a Canadian citizen and his being held by the Canadian Border Services Agency under a deportation order.

Loginov is scheduled to appear by video in a Newmarket court on Nov. 25 a bail hearing.