Police Lay Charges after Elderly Male Defrauded in Cambridge

Fraud Media Release

Waterloo Region, Ontario – Police have laid charges after an elderly Cambridge male was defrauded out of over $170,000.

This investigation, led by the Service’s General Investigations Unit – Fraud, involved allegations of fraud dating back to 2016.

On May 10, 2022, Waterloo Regional Police arrested a 20-year-old Cambridge male in connection to a lengthy fraud investigation.

It is alleged that an individual known to the victim surreptitiously signed the victim up for online banking. Between July 2016 and November 2019, that individual, who was a young person at the time, electronically withdrew over $170,000 from the victim’s bank accounts and credit card.

As a result of this investigation, the 20-year-old male has been charged with fraud over $5000 and possession of property obtained by crime.

To learn more about fraud and identity theft, visit our website: Fraud and Identity Theft - Waterloo Regional Police Service (wrps.on.ca)

Occ: 21-036458 (915)

Media Inquiries:
Waterloo Regional Police Service
Public Information Unit
519-570-9777 (WRPS) ext. 8188

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