Toronto (August 21, 2019) – A man from Richmond Hill is facing two counts of fraud charges. He allegedly defrauded victims of almost $95,000 in total, CTV News reports. Police assume, he was targeting people in the Iranian community and they encourage victims to come forward.
The investigation of the York Regional Police began in October 2018 when a person reported, he had fallen for an investment fraud scheme. The first alleged victim was convinced to pay $44,000 in US funds. The second alleged victim came forward in May 2019. She invested $36,000 in Canadian funds. Both alleged victims were promised high return rates, but once the money was handed over, the suspect could not be reached anymore, police say.
Omid Mahmoud-Kashani, 33 years-old, was arrested in January. He faces two fraud charges over $5,000. He is scheduled to appear in Newmarket court on August 21.
The investigation is ongoing. Investigators believe the suspect was allegedly targeting members of the Iranian community and that there could be more victims. Anyone with information is asked to contact the York Regional Police Financial Crimes Unit at 1-866-876-5423, ext. 2486, or Crime Stoppers at 1-800-222-TIPS, or by leaving an anonymous tip online at www.1800222tips.com.
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.