A man from Hamilton is facing fraud and money laundering charges after a company in Cambridge, Ont., was bilked out of more than $100,000, according to Waterloo regional police.
A release says that in February 2022, police were contacted by an unnamed company about potential internal fraud.
After what police say was an “extensive investigation” into $140,000 that had gone missing from the business, they arrested a man from Hamilton.
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He is facing charges of fraud over $5,000 and laundering proceeds of crime.
Police say the commercial fraud unit is continuing to investigate the case and is asking anyone with information to call 519-570-9777 ext. 6364.
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