Durham Police said a 44-year-old male has been charged in multiple fraud incidents that garnered more than $770,000 in funds.
Investigators of the Major Crime Financial Unit have concluded an investigation into a male that fraudulently obtained investments in two schemes, said a police statement.
The first involved investors giving money into a company that would sell tickets to people who could then drop off excavation fill at a private site in Orono. There was no arrangement in place with the site for this to take place, police said.
The second involved investors giving money into a paving company that purported paving contracts with two large automobile businesses in Durham Region. These contracts never existed.
The suspect of Oshawa was charged and released on an undertaking, police said.
Investigators want to ensure there are no further victims.
Anyone with new information about this investigation is asked to contact D/Cst. Tisi of the Financial Crimes Unit at 1-888-579-1520 ext. 5279.
Name and further details available at www.drps.ca.
Editor’s Note: Durham Post does not name the accused as:
1. Of this time, they are suspects and not convicted, and
2. Sometimes charges are dropped or changed.