Category Archives: Attorney

Car Theft Ring Raised Awareness For Car Dealers

Local authorities were able to catch an auto theft ring worth millions of dollar in Canada recently. This prompted them to warn car dealers of luxury vehicles in the country. This also raised awareness for theft lawyer in Canada especially the Greater Toronto Area where the scheme was discovered. The case involved purchases of vehicles through fraudulent transactions and stolen luxury cars.

The bust was made possible through Project Baijin which is collaboration between three different police departments in the area together with the Canada Border Services Agency. Through the operation, they were able to take back 28 luxury vehicles amounting to $2.5 million which was intended to be exported to Europe and China. The project has been ongoing since April.

The police are not willing to reveal the reason why they started the investigation in the first place. Based on the new conference held by the department, a phone call made by a concerned citizen prompted it.

On April alone, the police were able to catch six luxury vehicles in Mississauga, Ontario including a 2019 Range Rover, 2015 Jeep Wrangler, 2018 Dodge Ram, 2016 Mercedes GLE350, 2018 Audi A7 and 2018 Mercedes C300. According to the authorities, the scheme works because identification numbers of the vehicles are being replaced with fake ones.

After the arrest of two men at Markham in Ontario, they were able to trace more transactions in Greater Toronto Area and a number of provinces from Quebec until the British Columbia. These are the places where the vehicles are taken and then undergo replacement in auto shops based on Ontario.

According to Const. Akhil Mooken, spokesperson of the Peel Regional Police, 90 per cent of the vehicles that were seized are new models and of the luxury type. These are financed through fraudulent transactions before re-vinned.

According to the police and verified by a theft lawyer, most of these vehicles are wrapped in vinyl in order to change the colour as well as to avoid being caught by the authorities. This is not the first time that this kind of operation was caught. It is quite common to use vinyl since it is cheaper and requires less labour.

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Advantages And Disadvantages Of Patents

Patents help inventors and start-up firms to safeguard their ideas from being copied or stolen by competitors. They also help small start-up firms to find credibility in the market and attract potential investors. Patent grants exclusive legal monopoly for the inventors of products to financially benefit from manufacturing, selling, marketing and exporting the idea. However, the process of obtaining a patent is extremely long drawn and cumbersome. It involves a lot of investment and takes years to complete the process.

Inventors must weigh the pros and cons of obtaining a patent and decide whether to apply for a patent or not. They should take expert help on How to patent an idea, what type of patent is suitable for the invention and how to benefit from the patent.

Advantages of getting a patent

Cuts off competition

Patent provides exclusive rights over the manufacture, use and sale of the invention to the inventor. This helps the inventor to protect his idea from being copied or stolen. The patented products will not have competitors for a fixed period of time. The inventor can garner majority of the market share for the product during the patent period.

High profits

Patent holders can charge premium prices for their products because of the absence of competitors. Since there is no other competitor selling similar products, customers will be willing to pay premium prices. The patent holder can also license his idea to other companies under a licensing agreement or sell the patent outright in return for money.

Disadvantages of patenting

Highly expensive

Small businesses find it very expensive to apply for a patent. The inventor has to pay many fees such as the patent filing fee, patent issue fees, maintenance fee to the patent office. Add to this, the cost of hiring an attorney and the cost of a patent search professional, the total cost becomes burdensome. Inventors have to decide whether their idea or product is financially viable before making such huge investment.

Lot of paperwork

The process of filing a patent application involves a lot of paperwork. There are many rules, laws and statutes to follow. New entrepreneurs and inventors have no idea about How to patent an idea and often end up wasting a lot of time and resources on getting their idea patented instead of concentrating on the other important tasks of the business.

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