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Toronto police seek victims allegedly defrauded by David Philip Webb

Feb. 25, 2021 – The Toronto Police Service arrested David Philip Webb, 60, on Aug. 7. Police allege that, between March 2018 and July 2019, Webb defrauded five internet businesses of money exceeding $5000. He then marketed the company PPay Inc. as a legitimate credit card processor that could process online credit card payments for high-risk merchants. He processed credit card payments for five internet businesses and received the money on their behalf but did not send any or all of the amounts owing to them

Police are now looking for additional victims of similar scams. Webb is known to run another company named Vender Services which is believed to operate as a merchant/payment aggregator.

Police are asking victims to contact Detective Ruth Moran – Financial Crimes Unit at 416-808-7319 or via email at Ruth.Moran@torontopolice.on.ca. Anyone with information is asked to contact police at 416-808-7319, Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, online on TPS’ Facebook Leave a Tip page, or text TOR and your message to CRIMES (274637) or download the free Crime Stoppers Mobile App on iTunes or Google Play.

For more news, visit TPSnews.ca

Constable Jenifferjit Sidhu, Corporate Communications, for Detective Ruth Moran, Organized Crime Enforcement – Financial Crimes Unit