Vancouver music store falls victim to fraud, facing bankruptcy
Global News
The co-owners said the business is on the brink of bankruptcy and has created a fundraiser, hoping the community can save them.
A Vancouver music store has fallen victim to an apparent fraud scheme that has put the future of the business at risk.
Exile Electronics, located on Main Street, said it was hit by three massive fraudulent transactions after barely squeaking by in recent years.
“The (fraudulent) sales happened last October (in 2022) and we found out about them in January,” Chris Young, Exile’s co-owner, said.
The customer said a local show needed some specific gear.
“They were not things we stocked, but they were things that would be good sales for us,” said Young.
Young said the orders totalled more than $20,000. The orders were for music equipment the store does not carry.
Young said since the business has been struggling the large orders felt like a bright spot in a dark time.
“It was an exciting thing. We even tried to price-match other stores to give them the best prices we could,” he said.
After two months, Canada's federal tax holiday ends on Saturday. Industry groups, however, are divided on whether or not the move was a success.
U.S. Customs and Border Protection officers in Seattle seized over a pound of fentanyl crossing the border from Canada, just days after Canada announced it's 'fentanyl czar.'
The future of Ukraine is the top item on the agenda at the Munich Security Conference after a call between U.S. President Donald Trump and Russian leader Vladimir Putin this week.
It came after defence lawyers had grilled Toronto Police Service Const. Ryan Kotzer over “disparaging comments about black people” in an unofficial 51 Division police chat group.
AlainRoy says he 'absolutely loves' his two Tesla cars and all the tech features they offer, but the Quebec resident says he can't stand driving them anymore.
Watch the online news edition of Global Okanagan at 5:30 p.m.
Syria's interim president, Ahmed al-Sharaa, leads Hayat Tahrir al-Sham, a group Canada has listed as a terrorist organization since 2013.
The report from Desjardins suggests though the influx in temporary residents have slowed, the current number coming into the country will prevent Canada from meeting its target.
Police found the bodies of a 73-year-old man and a 71-year-old woman when they visited the address to perform a wellness check.
The Ontario NDP says it will be complaining to Elections Ontario and the integrity commissioner over a new commercial featuring Ford's partially taxpayer-funded trip to Washington.
U.S. President Donald Trump has suggested making Canada the 51st state, but there's several steps that would need to occur for that to happen.
A trial date for a teen girl who allegedly set another girl on fire at Evan Hardy Collegiate is expected to be set on Feb. 21.
Finance Minister John Lohr says the provincial wait-list for public housing, which is well over 7,000 people, is the main reason why the government is building more units.