Report you case to police’s fraud investigation
Toronto: Two seniors – Vincent Phillips, 74, and John James Illidge, 66 – are facing 18 charges each for fraud.
Toronto Police Service say that between 2009 and 2017, numerous people met a man through social media sites. He identified himself as John James Illidge and portrayed himself as an investor for different companies.
The victims provided him money ranging from $20,000 to $500,000 to invest into companies they were told he worked for or owned.
The funds were allocated through money transfers, cash withdrawals, car purchases and car payments, department store purchases, food and personal purchases. Illidge would provide victims with small amounts of money he portrayed as interest payments over the course of a year or two convincing them they were profiting.
When the money stopped coming, the ‘investors’ made numerous attempts to reach him but were never successful.
The total amount of money obtained from different people who reported the matter to police was $955,980.50
The police investigation began in January 2018.
On Tuesday, July 16, Vincent Phillips, 74, of Toronto, was arrested and charged with:
1) Five counts of Fraud Over $5,000
2) Five counts of Theft Over $5,000
3) Four counts of Launder Proceeds Of Crime
4) Four counts of Posses Property Obtained By Crime Over $5,000