Police say convicted fraudster Ron Koval will not face criminal charges after complaints surfaced from immigrants who said they paid him for jobs that never materialized.

After the complaints came to light in a CTV News report earlier this year, police began a three-month investigation into Koval's position at Mississauga-based Career Corporation Limited, where he was a career consultant and branch manager.

The business offered to connect new Canadians with prospective employers for a one-year fee of $1,325.00.

People who paid the fee said even after several months, the corporation failed to set up any job interviews.

Investigators found the agency made some effort to find people jobs by facilitating employment recruiting, and providing assistance with resume writing and distribution.

At the time, Koval maintained he was being targeted by the media because of his tarnished reputation resulting from his 2001 fraud conviction.

Koval and his wife Loren stole close to $100 million from corporate investors, pretending they were using the money for medical equipment.

After their fraud was exposed, the Kovals fled to the U.S. and later returned to Canada carrying over US$1 million in cash and pleaded guilty to fraud. He was sentenced to seven years in prison, but was paroled after serving 14 months.

Koval's current parole conditions stipulate he can't have financial responsibilities while employed and he is prohibited from running a business.

A spokesperson for Ontario's consumer protection branch told the Toronto Star it is continuing its own investigation.

Peel police told the newspaper it will pass the results of its investigation over to the province's consumer protection branch and to Koval's parole officer to determine if his parole conditions were breached.