NEWS RELEASE
WATERLOO REGIONAL POLICE SERVICE
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The Waterloo Regional Police Service has made an arrest in connection to an ongoing fraud investigation.
The investigation began in March 2022 after police received a fraud report at a financial institution located on Hespeler Road in Cambridge.
A male suspect had opened multiple fraudulent bank accounts across the Region of Waterloo and Southern Ontario and had deposited approximately $700,000 of fraudulent cheques into these accounts.
On Dec. 21, 2022, members of WRPS’ General Investigations Unit arrested a male in connection to this investigation on Hespeler Road in Cambridge.
As a result of the investigation, a 67-year-old Kitchener male has been charged with the following:
- Fraud over $5,000
- Uttering forged documents
- Possession of an identity document
- Possession of counterfeit mark
- Laundering proceeds of crime
- Personation (seven counts)
The accused was released with a court date on Jan. 30, 2023, in Kitchener.
The investigation is ongoing by members of WRPS’ General Investigations Unit.
Anyone with information is encouraged to call police at 519-570-9777 or Crime Stoppers at 1-800-222-8477 or online at waterloocrimestoppers.com.
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