Peel Regional Police – Man Arrested for Defrauding the Public

Man Arrested for Defrauding the Public

The Voice of Canada News:

Region of Peel – The Peel Regional Police Fraud Bureau have arrested and charged a man with Fraud Over $5000 following an appeal to the community for additional victims.

On Tuesday, July 7, 2020, Syed Jafry, a 48-year-old man from Innisfil, Ontario, was arrested and charged with Defraud the Public, at which time a media release was issued.  During this time, victims became aware of a large number of unauthorized withdrawals being diverted to a numbered company associated to Mr. Jafry and contacted Peel Regional Police.

Between March 2015, and January of 2020, Mr. Jafry is alleged to have defrauded businesses throughout the Greater Toronto Area by installing unauthorized point of sale machines (POS). During installation, he receives access to the victim’s business banking information and conducts unauthorized withdrawals for his own personal benefit.

On December 10, 2020, Mr. Jafry was arrested again and charged with Fraud Over $5000. He was released with conditions and will be attending the Ontario Court of Justice, in the City of Brampton, on February 22, 2021. 

Syed Jafry is believed to have made many business associations across the GTA. Police believe there may be more victims and they are being asked to file a report with police.

To date, the total amount defrauded from victims is approximately $151,000.

Anyone with information can contact the Fraud Investigators at 905-453-2121 ext. 3335. Information may also be left anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477) or by visiting www.peelcrimestoppers.ca.