A Scarborough female faces fraud and proceeds of crime charges in Guelph after allegedly allowing a former co-worker to use her bank accounts to hide stolen money.
In August, 2020, a male entered a bank in Guelph’s south end and was able to fraudulently obtain a debit card for someone else’s account using fake identification. The male sent a wire transfer of more than $93,000 to another account.
Police eventually traced the account which had received the funds and learned it belonged to the Scarborough female. Police say the woman told investigators she agreed to provide a former co-worker with her bank account and personal identification number in exchange for him paying off $5,000 in debts.
The $93,000 was refunded to the rightful owner.
A 21-year-old Scarborough female turned herself in to Guelph Police on Saturday. She is charged with fraud over $5,000 and laundering proceeds of crime. She will appear in a Guelph court August 3.
The involved male is in custody on other matters in another jurisdiction and has not yet been charged in the Guelph case.
