Police said they have charged a 20-year-old man with fraud, after a senior in Cambridge was bilked out of more than $170,000.
The fraud started in 2016 when the suspect was a minor, Waterloo police said. They say the suspect signed up the senior for online banking services without his knowledge. They add the suspect knew the man.
According to police, the suspect withdrew money repeatedly from the man’s bank accounts and credit card online between July 2016 and November 2019.
On May 10, police charged a Cambridge man with fraud over $5,000 and possession of property obtained by crime.
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