EDMONTON -- A man from Edmonton, now living in Ontario, has been arrested and charged after allegedly defrauding several Edmontonians of more than $330,000.
Police say that between Aug. 2014, and Dec. 2015, it was reported that a man from Brockville, Ontario had allegedly committed a series of cheque and investment frauds involving five Edmonton residents, a local business and a financial institution.
In total the Edmontonians defrauded lost more than $330,000, said EPS.
The EPS Economic Crimes Section began their investigation in Aug. 2017.
On Feb. 12, 2021, 45-year-old Farid Fadaie was charged with seven counts of fraud over $5,000.
Canada-wide warrants were issued earlier in April for his arrest, said EPS.
Fadaie was arrested by Brockville Police Wednesday, he will be returned to Edmonton to appear before a Justice in the next week, said police.