Guelph, Ont. police have charged a 38-year-old man with fraud over $5,000 after allegedly embezzling $380,000 from a local business.
Police were contacted by the wholesale electrical and lighting company Electromart in the fall of 2015 after suspicions arose about money being taken by an employee.
Fellow staff members alleged the employee in question had been pocketing money from sales transactions and altering business records to conceal his activities.
John Fabianiak, the Electromart manager, was arrested earlier this week and charged with fraud over $5,000 and theft by a person required to account.
Fabianiak had been with the company on and off for close to 10 years.
He was released with a promise to appear in court on October 31.
Read more at Guelph Mercury
This article is summarized by Canadian Fraud News Inc.
Marina Burghard writes for Canadian Fraud News about fraud-related cases, whistleblower, jurisdiction, identity theft, consumer protection, etc. – essentially about scams and how to protect yourself against this kind of fraudulent criminal behavior. She holds a Master’s degree in Political Science where her interest in criminology grew. Besides fraud, Marina’s scientific interest lies in terrorism, extremism and how to deal with it as a society.