A Brampton man faces a fraud-related charge following an investigation into what police say was a scheme targeting individuals with temporary immigration status.
Peel Regional Police say investigations began last summer and focused on allegations that members of the South Asian community were recruited to participate in fraudulent financial activity.
Police believe a man encouraged individuals with temporary immigration status to obtain credit products — including high-value auto loans — from financial institutions and automotive dealerships across Peel Region with no intention of repaying the loans.
Investigators say the funds and vehicles obtained were allegedly intended for unauthorized use, resale or export.
On March 9, Udayveer Dhillon, 21, of Brampton, was arrested and charged with attempt to commit a criminal offence.
Police say the investigation remains ongoing.
As March marks Fraud Prevention Month, Peel Regional Police are reminding residents to stay informed about common scams, trust their instincts and report suspicious activity to local police or the Canadian Anti-Fraud Centre.
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