A Toronto male faces several charges after a Guelph bank branch was allegedly defrauded of more than $90,000 a year and a half ago.
The afternoon of August 31, 2020, a male entered a bank in Guelph’s south end and was able to obtain a new bank card after presenting a fake driver’s licence and providing personal details about an actual client. While impersonating that client, the male was able to send a wire transfer for $93,700 to another bank account, explaining it was intended to purchase property in Toronto.
The victim realized the transfer while it was in progress but was unable to contact the bank in time to stop it. The bank refunded the victim the full amount and was able to recover almost $75,000, but is still out nearly $19,000.
The suspect was eventually identified and was arrested Tuesday.
A 35-year-old Toronto male faces several charges including identity theft, personation, fraud over $5,000, laundering proceeds of crime and two counts of failing to comply with a judicial order. He will appear in a Guelph bail court Feb. 22.
