Oakville woman charged in $11-million fraud investigation
An Oakville woman is facing charges in connection with a fraud case in which her ex-husband is accused of bilking investors out of more than $11 million.
OAKVILLE, Ont. -- An Oakville woman is facing charges in connection with a fraud case in which her ex-husband is accused of bilking investors out of more than $11 million.
Halton regional police say Renata Dawn Schumaker, 43, has been charged with obtaining credit by fraud and fraud over $5,000 in relation to an investigation that began in 2012.
It is alleged that from about April 17, 2006, to Jan. 31, 2012, Jason Robert Laramee defrauded several investors of $11 million while being the owner and operator of an investment company identified as RBL Capital Corporation in Oakville, west of Toronto.
During this period, police say, he was married to Schumaker.
Laramee was charged with several fraud-related offences in April 2013 and is awaiting trial on those charges.
Police allege that in May 2007, Schumaker and Laramee obtained credit by fraud through a line of credit loan from a financial institution and further perpetrated the fraud by falsely representing Schumaker's position and income as the alleged vice-president of Laramee's company.
Det. Sgt. Troy Izlakar of the Halton police regional fraud unit says investigators believe Schumaker was complicit in her actions.
Schumaker is to appear in Milton Provincial Court on March 4.