Saskatoon police have laid criminal charges following what they describe as a "lengthy and complex fraud investigation" into the alleged misappropriation of approximately $340,000 from a local business.
Investigation Launched After Business Owners Report Suspicions
The case came to light on June 19, 2025, when the owners of a Saskatoon business filed a formal report with police. The owners believed they had been defrauded of substantial funds by an employee who was responsible for providing bookkeeping services.
The Saskatoon Police Service's economic crime section took over the investigation. Detectives meticulously traced financial records, leading to a significant allegation.
Funds Allegedly Used for Personal Expenses and Truck Purchase
Police allege that the investigation revealed around $340,000 had been diverted from the business's accounts. According to a police news release, the money was allegedly used for the accused's personal expenses and to make significant purchases.
One of the most notable purchases cited in the allegations is a Ford F-150 pickup truck. The probe concluded that the funds were systematically misappropriated over a period of time.
Cudworth Woman Faces Serious Charges
As a result of the investigation, a 53-year-old woman from Cudworth, Saskatchewan, has been charged. She is now facing two serious criminal counts:
- Fraud Over $5,000
- Trafficking in Proceeds of Crime Over $5,000
The accused was released from custody on an undertaking, which is a court-ordered set of conditions. She is scheduled to make her first court appearance to answer to these charges on January 28, 2026, at Saskatoon Provincial Court.
The case highlights the severe impact of internal financial crimes on local businesses and the detailed work undertaken by specialized police units to unravel complex fraudulent schemes. The charges have not been proven in court.
