Three individuals have been arrested and charged in relation to a fraudulent cheque ring operation that duped victims of nearly $400,000.
Peel police said that in March, investigators were contacted by a major financial institution in relation to cheque related frauds. The investigation quickly established a group allegedly responsible for several cheque frauds in the Region of Peel. Fraud investigators were able to determine that this group was responsible for approximately $380,000 of fraudulent cheque acts.
During the course of the investigation it was discovered that the group committing these cheque frauds were actively targeting vulnerable sectors of the population.
On Friday December 8, three suspects — Varinder Kumar (41) and Sukvir Singh (30)from Brampton, and Sandeep Sogi (26) of Toronto — were arrested and charged with multiple criminal offences including fraud and forgery.
“Criminal acts perpetrated against our vulnerable sectors will not be tolerated and those responsible will be held accountable. This investigation is an excellent example of collaboration with our financial institution partners” says Inspector Sean Brennan of Financial Crimes Services.
Peel Regional Police are urging all members of the public who may have been approached or solicited by this group to contact the Fraud Bureau at (905) 453–2121, ext. 3335. Information may also be left anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477), or by visiting peelcrimestoppers.ca.
