Guelph (December 2, 2019) – An Oshawa man is facing fraud charges related to a refund scam using a stolen sale terminal from a Guelph restaurant. From March 25 to April 2, the sale terminal was used to charge back or refund a total amount of over $86,000 from payments of pre-paid credit cards onto fraudulent cards. After the identified male suspect was arrested in Oshawa by Durham police, Guelph police charged him with Fraud Over $5,000 and Theft Under $5,000 on November 27.
Guelph police reported in a statement the arrest of one out of two refund scammers on November 30. The fraudsters allegedly used a stolen sale terminal from a Guelph restaurant to charge back or refund payments from pre-paid credit cards.
Refund scam with a stolen sale terminal
The theft occurred on March 25, when two suspects stole a sale terminal from a Guelph restaurant. Additionally, the suspects obtained the security code for the terminal, which is used by the restaurant, from a leaked source on the internet.
As a result, the suspects were able to use the terminal for their refund scam between March 25 and April 2. In this period, the suspects undetected charged back or refunded $86,000 in payments from pre-paid credit cards onto fraudulent cards.
41-year-old man from Oshawa identified by Guelph police
During their investigation, Guelph police identified one of the two suspects as a 41-year-old man from Oshawa. After Durham police arrested the identified suspect in Oshawa for other fraud related charges, on November 27, Guelph police charged the identified suspect with Fraud Over $5,000 and Theft Under $5,000.
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.