Calgary police have made an arrest in connection with a bank fraud scheme that cost a local resident $12,500. The incident, which was reported earlier this year, involved fraudulent transactions that drained the victim's account.
Details of the fraud
According to authorities, the suspect allegedly used stolen personal information to access the victim's bank accounts and withdraw funds. The victim discovered the unauthorized transactions and immediately contacted police.
Detectives launched an investigation and were able to identify a suspect through financial records and surveillance footage. The accused was taken into custody without incident.
Charges and legal proceedings
The suspect faces charges of fraud over $5,000, identity theft, and possession of proceeds of crime. They are scheduled to appear in court later this week.
Police urge the public to remain vigilant and report any suspicious financial activity. They also recommend using strong passwords and enabling two-factor authentication on banking apps.
Ongoing investigation
The investigation is ongoing, and police are looking into whether the suspect may have targeted other victims. Anyone with information is asked to contact the Calgary Police Service.
