Toronto police say a man is facing five counts of fraud after allegedly convincing romantic partners to give him money for investment opportunities that were not real.
Police said a man would meet his victims through online dating platforms and gain their trust leading to a romantic relationship.
After a short period of dating, police said the man would pitch investment opportunities.
Get breaking National news
“He represented himself as an investment specialist, proposing short-term, high-return investments,” police said.
The man also convinced the victims’ families to invest with him through the same investment opportunities, investigators allege.
- Human error or brake failure? Closing arguments at trial for Mississauga bus driver
- RCMP investigating Peace River homicide, seek help identifying suspect
- Still no decision on hate charges for pro-Palestinian activist Charlotte Kates
- U.S. soldier charged after alleged $400K-winning bet on Maduro capture
Police said the fraud happened between February 2020 and June 2021.
The man received about $460,000 from his victims through investment fraud, police said.
A 36-year-old man has been arrested in connection with the fraud.
Jaspal Thiara is charged with five counts of fraud over $5,000.
Police said they believe there may be more victims
Comments
Comments closed.
Due to the sensitive and/or legal subject matter of some of the content on globalnews.ca, we reserve the ability to disable comments from time to time.
Please see our Commenting Policy for more.