Two former employees charged in $400K storage shipping container fraud

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Two people in Edmonton are facing fraud charges after allegedly selling storage shipping containers belonging to a company where they worked.

Police disclosed the west-end storage company fired the employees in February 2014 after discovering losses that totalled $400,000.

The employees allegedly sold a number of shipping containers belonging to the company between June 2012 and early 2014. The containers were each valued between $2,000 and $5,000. The accused then allegedly used Kijiji and a company incorporated to manage the scam to make the sales.

“The storage company didn’t find to what was happening until their accountant uncovered an invoice that was unpaid,” said Det. Linda Herczeg with the Edmonton Police Service economic crimes unit in a news release. “When they followed up on this invoice, they found out that the purchaser didn’t exist. The fraudulent invoice was used to purchase shipping containers that were then sold through a separate company.”

Adelheid (Heidi) Baxter, 57, and Travis Rose, 40, were each charged with fraud over $5,000.

The duo is set to appear in court July 11.

Read more at Edmonton Journal

This article is summarized by Canadian Fraud News Inc.