A 38-year-old Ottawa woman has been charged by the Ottawa Police Service with several fraud related offences connected to a fraudulent investment scheme.
The Ottawa Police Service Organized Fraud unit began an investigation in October 2008 in relation to numerous complaints from investors regarding a fraudulent investment scheme. The suspect was discovered to be operating a scheme that landed her approximately 1.6 million dollars from more than 20 investors.
The woman has been charged with 11 counts of fraud over $5,000, 16 counts of forgery, one count of money laundering and multiple counts of other fraud-related charges.
She will appear in court on May 20th, 2009.