Investigators from the Fraud Bureau have arrested and charged a man in relation to mortgage services frauds.
Police say between March 2017 and February 2019, several victims paid money to a mortgage consultant who agreed to process mortgage applications for them and the victims were encouraged to pay with cash.
According to police, the victims later learned that no work was ever completed and the consultant ceased all communication with them once their money was received.
On Tuesday, July 14, 2020, Sukhdippal Singh Matharu, a 45-year-old man from Brampton, was arrested and charged with Defraud the Public.
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He was released with conditions and will be attending the Ontario Court of Justice.
Police say that to date, $35,000 has been the total amount of money that has been defrauded.
Investigators believe that there may be more victims.
The accused worked in the Greater Toronto Area and operated “Popular Mortgages,” at #5B – 1315 Derry Road East in Mississauga, according to police.
Peel Regional Police is dedicated to the protection of individuals and groups in the community.
In many Fraud related cases, people in vulnerable situations are coerced, manipulated and taken advantage of for the profit of the fraudster.
Anyone with information is asked to call investigators from the Fraud Bureau at (905) 453–2121, ext. 3335.
Information may also be submitted anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477) or by visiting peelcrimestoppers.ca.
For media inquiries, please contact the on-duty Media Relations Officer at (905) 453-2121, ext. 4027