Alleged $141,000 ‘internal’ theft leads to fraud charge against Hamilton man
Published February 15, 2023 at 9:25 pm
A man from Hamilton, whom Waterloo Regional Police did not publicly name, has been arrested in connection to a fraud investigation that began 12 months ago.
The Waterloo police says it received a report from a business about potential internal fraud in February 2022. Police then commenced an investigation. Last Frriday, investigators arrested a 41-year-old man from Hamilton after the investigation into the alleged defrauding of a local Cambridge company of approximately $141,000.
The man faces one count of fraud over $5,000, and one count of laundering proceeds of crime.
The investigation is ongoing. Anyone with information may contact the by members of the Waterloo police commercial fraud unit (519-570-9777 ext. 6364).
Anonymous tips can be submitted by calling Crime Stoppers at 1-800-222-8477 or online at waterloocrimestoppers.com.insauga's Editorial Standards and Policies advertising