The Ontario Provincial Police are investigating a possible financial scam involving a number of teachers and others in the Ontario Public Service, the union representing the roughly 13,000 public sector teachers in the province said Tuesday.

The union said in a news release that investigators were looking into “whether a large amount of loans were misused by the Ontario Teachers’ Association to repay student loan debt for individuals, or whether they were used to pay for lavish personal expenses.”

The Ontario Teachers Union said it has also spoken with the provincial government and the Ontario Auditor General.

In a statement to the Star, the Ontario Provincial police said it is investigating the allegations and the union has asked the provincial Public Service Commission to review any complaints it may have received.

The Ontario Public Services Employees Union (OPSEU) also said it was reviewing the allegations.

The Public Service Minister is not available for comment on the investigation, but did not respond to a request for comment.

The statement said the allegations have been investigated by Ontario Provincial officers, who are working with the public sector financial institution to determine the true facts.

It did not say how much the loans were used for, or who is the “victim” in this case.

The province said it does not know how much loans were owed, and said it will provide an update on the matter as soon as possible.

The OPEU’s executive council was scheduled to meet Tuesday morning.

“I want to make it very clear that this matter has not been and is not linked to any current or past union actions, actions or concerns,” the statement said.

The PSEU, which represents more than 6,000 of the roughly 15,000 provincial public service employees, is an independent union representing about 3,000 teachers.

It is led by the national head of the union, Michael McEwan.

The unions national president, Chris Lewis, said he has no knowledge of any problems involving loans being used by some teachers to pay personal expenses.

The provincial government’s own investigation into the loan servicing scam found no evidence that it was connected to any union action, he said.

“We don’t know the facts and we are looking at them and the circumstances,” Lewis said.

He added that the province is not in the business of punishing teachers, but rather trying to figure out how to fix what it calls a “broken” system.

“It’s not a good thing.

It’s not fair,” Lewis added.

He said the OPEUS will not support any investigation that does not follow the law and follow the facts.

The education ministry did not return a call seeking comment.

The OPEUs national executive council meets at the Ontario Federation of Teachers headquarters in Toronto on Tuesday.