Dozens of charges laid after cheque fraud investigation
CALGARY- Two people face over 70 charges, following an extensive cheque and credit card fraud investigation.
In December 2012, a bank investigator contacted police about information linking two people to files with a loss of about $188,000.
It’s alleged the pair targeted a number of financial institutions and recruited account holders who own construction, janitorial services, automotive, trucking and import companies. By using their accounts, cheques were deposited into a different account, then the money was withdrawn by the accused. All cases resulted in overdrafts, meaning the banks could not recover the money.
The bank accounts were in Ontario, and the account holders would travel to Calgary to open new accounts before returning to Ontario.
As a result of the investigation, 41-year-old Najah Jundi and 50-year-old Kamal Ghandour, both of Calgary, face multiple charges.
Both are scheduled to appear in court next month.