Man defrauds company of $750,000

 

 

      
Man defrauds company of $750,000
September 9, 2009

The two men responsible for scamming a local company out of more than $750,000 are now facing a slew of charges. And one of the men is a local. Durham Regional Police have been investigating a fraud ring involving a local company, which has been occurring over the past five years. In May, officials from the company approached police after discovering that several thousand dollars in chemical products were paid for but were never delivered to plants in Pickering and Clarington. They believed that a former employee who had recently been fired was involved. The Durham Region Fraud unit launched an investigation and over the past few months have discovered that the former employee, who was managing the facilities, had been knowingly defrauding the company with a supplier.

Back in 2004, the manager, an Oshawa man, ordered a chemical from a salesman and received a cash commission for doing so. This chemical is used at both plants. The duo began submitting purchase orders to the company for the chemicals but the orders were only partially filled or not filled at all. In total, the money paid for the unsupplied chemicals was more than $750,000. A 45-year-old Oshawa man is charged with fraud over $5,000 and receiving a secret commission. The 57-year-old Oakville man is also charged with fraud over $5,000 and giving a secret commission.
     
     
     

 
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