The Royal Canadian Mounted Police (RCMP) are conducting a search at the Lion Electric facility in Saint-Jérôme, Que., on Wednesday, as part of an investment fraud investigation. Investigators executed a search warrant to gather evidence, including servers. No arrests or charges are expected at this stage, but charges may be laid at a later date. “It is important to note that this operation relates to the company’s past activities, before it was bought by the current owners,” Sgt. Erique Gasse of the RCMP told CTV News. The investigation began in February 2025 after the Integrated Market Enforcement Team received over 100 complaints from investors. There are 75 officers taking part in the operation, and the search could take several days given the size of the facilities, according to the RCMP.
