Couple Suspected of Multi-Million Dollar Fraud Arrested
December 25, 2000 - 0:0
TORONTO -- A Toronto couple suspected of committing a 66 million U.S. dollar international fraud was arrested Saturday in Ontario, police said as carried by AFP. Police in the Niagara Falls region said that Ron and Loren Koval had been arrested early Saturday on the U.S.-Canadian border. The two, wanted in Canada and the United States for the past two months, are suspected of defrauding international investors of more than 100 million Canadian dollars (66 million U.S. dollars) through medical equipment sales. On Friday the pair eluded police in Florida, fleeing their home there one hour before police arrived to search it.