A Guelph male faces charges in connection with more than $80,000 in fraudulent transactions.
Earlier this year, the male was removed from his position as president of a local condominium board and turned over records to his successor. A review of the documents revealed more than $42,000 in payments allegedly made to vendors which were actually deposited into a private bank account.
As well, a local bank contacted police to report more than $40,000 in fraudulent transactions through the same bank account.
Following a lengthy investigation by the Guelph Police Service Fraud Unit, a 58-year-old Guelph male turned himself in Thursday. He is charged with fraud over $5,000, uttering a forged document and false pretences. He will appear in a Guelph court Feb. 4.
