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Illegal lenders convicted in Alberta after using phone cyberattacks to extort borrowers

Quebec-based illegal lenders targeted Albertans with predatory interest rates and launched cyberattacks on hospitals, schools and homes to force debt repayments, provincial regulators say. Read more: Early-bird rates end Aug. 10 for Lloydminster’s Bordering on Disaster Conference An investigation led by Alberta’s Consumer Investigations Unit (CIU) resulted in multiple guilty pleas, criminal fines and peace bonds between April and June 2026. Inve…
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meridiansource.ca broke the news in Lloydminster, Canada on Wednesday, August 19, 2026.
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