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Toronto restaurateur charged with serving up McDonald’s-related scam

Would you like lies with that: ?? allegedly promised to open McDonald's locations along the 407

Would you like lies with that? Tsatsaris allegedly promised to open McDonald's locations along the 407

Fourteen years after calling him a “real-life Santa Claus” for his work feeding the homeless, the Toronto Sun is reporting that restaurateur Peter Tsatsaris has been charged with three counts of fraud over $5,000 and 11 counts of uttering a forged document. Tsatsaris is alleged to have bilked investors out of money by convincing them they were buying McDonald’s restaurants along Highway 407 in Thornhill. One of the scam’s alleged victims, known only as “Robert,” claims to have lost $500,000 from January to May 2009. He called police after speaking directly with McDonald’s, who advised him he was one of “X number of persons” to call about Tsatsaris and he should go to the authorities. Between 1994 and 2004, Tsatsaris was linked to local restaurants The Strand, Wildfire Steakhouse and Mars Uptown.

• Restaurateur charged with cooking up scam [Toronto Sun]

14 Comments

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  1. Next court date May 04,2010 10am College Park

    April 27, 2010 at 3:48 pm | by evan
  2. I am pleased to report Peter Tsatsaris has 9 MORE fraud/forgery charges laid against him. Mr. Tsatsaris now has 23 total charges.

    Pass the soap my friend….

    July 9, 2010 at 7:12 pm | by Evan
  3. For other victims, Peter Tsatsaris next court apprearance is Aug 10, 2010.

    July 9, 2010 at 7:13 pm | by Evan
  4. PETER TSATSARIS CHARGED BY POLICE WITH 23 COUNTS OF FRAUD/FORGERY

    July 19, 2010 at 9:34 am | by Former Employee
  5. Any update on Peter’s court appearance today? Did he even show up?

    August 11, 2010 at 9:41 pm | by Dave
  6. For anyone interested, his next court appearence is Sept.9/10 at 10:00 am College Park.

    August 13, 2010 at 12:05 pm | by Dave
  7. Next court appearance Sept.23/10 10:00 am.

    September 10, 2010 at 12:11 pm | by Dave
  8. It will soon be 24 charges just calling the police

    September 21, 2010 at 9:26 pm | by gary
  9. I have seen this guy in the last few days!

    October 13, 2010 at 4:12 pm | by Chester the Molester
  10. INNOCENT until proven GUILTY.

    January 7, 2011 at 7:41 pm | by Karrie-Ann
  11. Anyone know the latest on this case?

    January 18, 2011 at 4:25 am | by Patryk
  12. This asshole’s next court date is Nov 3 / 2011
    Pleased to report last know address is his parents house… loser….

    October 24, 2011 at 6:29 pm | by Rob
  13. Peter is owing me money and promised to give me back in full soon…..

    November 27, 2011 at 7:58 am | by dominic
  14. I met Peter in 2009, then in December 2009 peter was charged. I was helping Peter. I was assuming that He is innocent until proven guilty. In return Peter defrauded me.I quees this is how Peter is saying thank you to his friends ( peter was calling me more than a friend-right now I understand that he was treating me as the source of the money he did not intend to return). Many people were warning me but I believed that there is something more in Peter. I was wrong.
    The method he was using was that for example; His father is dying and he needs to pay the last instalment for the lot on cementary or that one of his sons got job at Fairmount hotel but the job is linked to his son being able to study at school but he did not have money to pay for his tuition or he was missing money to pay for his parents house insurance. His behaviour towards really bad because I did not want any interest on the money and he new that my financial situation was not the best at that time.

    This is just warning if Peter did it to me. He will do it to anybody for any reason which will work on that person.If you consider Peter your friend you will lose your money, strain family relations and your health. If you choose to do business with Peter you will lose your money,health and may be your family.
    If anybody needs I can meet and told my story. If anybody needs a witness in the court I can testify. If somebody wants to confront Peter I can support this person.
    Just leave a message and I will contact you.

    February 10, 2012 at 9:42 am | by dominic

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