{"id":163416,"date":"2025-09-23T09:08:20","date_gmt":"2025-09-23T09:08:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/163416\/"},"modified":"2025-09-23T09:08:20","modified_gmt":"2025-09-23T09:08:20","slug":"oshawa-man-charged-with-defrauding-people-of-more-than-2-5-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/163416\/","title":{"rendered":"Oshawa man charged with defrauding people of more than $2.5 million"},"content":{"rendered":"<p class=\"c-paragraph\">A man from Oshawa is accused of defrauding victims of more than $2.5 million as part of an investment scam.<\/p>\n<p class=\"c-paragraph\">Durham police said their Financial Crimes Unit began an investigation in June of last year after two victims reported a male who told them he was a financial trader.<\/p>\n<p class=\"c-paragraph\">Police said the man told the victims he could guarantee \u201chigh returns on investments\u201d through a platform called \u2018Interactive Brokers.\u2019<\/p>\n<p class=\"c-paragraph\">Between March 2023 and March 2024, investigators said the man allegedly \u201cpersuaded\u201d victims to transfer him large amounts of money to be invested. <\/p>\n<p class=\"c-paragraph\">\u201cThe suspect told the victims to open accounts via \u2018Interactive Brokers,\u2019 where the suspect would have sole control over trading,\u201d Durham Regional Police Service <a href=\"https:\/\/www.drps.ca\/news\/male-arrested-after-fraudulently-taking-2-5-million-for-investments\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.drps.ca\/news\/male-arrested-after-fraudulently-taking-2-5-million-for-investments\/\">said in a release<\/a> on Monday.<\/p>\n<p class=\"c-paragraph\">Police allege the man was able to entice his victims to transfer funds by driving luxury high-end cars and showing them forged investment return statements. <\/p>\n<p class=\"c-paragraph\">The suspect allegedly collected more than $2.5 million from victims over the year-long period, which police said he used to finance his \u201cextravagant lifestyle.\u201d<\/p>\n<p class=\"c-paragraph\">On Sept. 21, police arrested and charged Alex Noah Pekala, 23, of Oshawa, with two counts of fraud over $5,000.<\/p>\n<p class=\"c-paragraph\">He was held for a bail hearing. The charges have not been tested in court.<\/p>\n<p class=\"c-paragraph\">Anyone with more information is asked to contact the Financial Crimes Unit at 1-888-579-1520, ext. 5353, or Crime Stoppers anonymously.<\/p>\n","protected":false},"excerpt":{"rendered":"A man from Oshawa is accused of defrauding victims of more than $2.5 million as part of an&hellip;\n","protected":false},"author":2,"featured_media":163417,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[712,49,48,44],"class_list":{"0":"post-163416","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-apple-news","9":"tag-ca","10":"tag-canada","11":"tag-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/163416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=163416"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/163416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/163417"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=163416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=163416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=163416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}