Montana Man Pleads Guilty In Scamming $43 Million From Canadian Bank

Montana Man Pleads Guilty In Scamming $43 Million From Canadian Bank In Oil Tanker Scheme

montana man
Todd Capser
A Montana man pleaded guilty to one count of wire fraud in a federal courtroom in Manhattan this week. Todd Capser’s alleged wire fraud was in connection with a $43 million fraud scheme involving a Canadian Bank.
Prosecutors accused Capser of providing false information about his assets. Capser was attempting to leverage a $43.3 million loan from a Toronto lender identified only as “Financial Institution 1” by federal authorities.
However, a related civil suit indicates the lender as being Third Eye Capital Corporation of Toronto. Capser’s business is also identified as “Wayfare Transoceanic.”

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