< Toronto real estate agent arrested in fraud investigation - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Toronto real estate agent arrested in fraud investigation

Toronto (October 25, 2019) – Toronto police’s Financial Crimes Unit arrested real estate agent Dwight Grange on October 16 in connection with a large-scale bank fraud. The owner of Grange Real Estate Inc. Brokerage is alleged of making counterfeit deposits worth more than $2.9 million in August 2018. Moreover, police found a large quantity of narcotics exercising a search warrant. Consequently, Grange is facing fraud and drug possession charges.

Toronto Police’s Financial Crimes Unit was informed about a large-scale bank fraud on October 2. The owner of Grange Real Estate Inc. Brokerage, Dwight Grange, is alleged of making counterfeit deposits worth more than $2.9 million into his business account in August 2018. Thereafter, the 50-year-old Toronto real estate agent supposedly made several transactions at different bank branches.

As a result of the investigation, Grange was arrested on October 16, 2019. In this matter, he is facing charges of two counts of Fraud Over $5,000, two counts of Attempted Fraud Over $5,000, and one count of Utter Forged Document.

Moreover, while exercising a search warrant during the fraud investigation, police found a large quantity of narcotics. Consequently, the authorities laid additional charges against Grange and a 49-year-old woman, Amanda Milward of four counts of Possession of Schedule 1 Substance and four counts of Possession of Schedule 1 Substance for the Purpose of Trafficking.

Anyone with information is asked to contact police at 416-808-7300 or anyone who wishes to report information confidentially on this incident may contact D. Slenys at Investigation Counsel PC. Anyone who wishes to inquire fraud recovery information on their own case, or wishes to report fraud with whistleblower protection, please contact D. Slenys at 416-637-3151 or dslenys@investigationcounsel.com.