The Halton Regional Police Service (HRPS) has made an arrest and laid multiple charges in connection with an online investment scam that occurred in the fall of 2024.

In early 2025, the HRPS Financial Crimes Unit was contacted after an 83-year-old victim invested $750,000 into what he believed to be a PC Financial Guaranteed Investment Certificate (GIC). The investment was made through a fraudulent website, resulting in the victim losing his retirement savings.

During the investigation, detectives also identified a second victim—residing in Alberta—who had lost $250,000 to the same fraudulent website.

Investigators learned that the scam originated in England, where suspects impersonated PC Financial advisors using information taken from LinkedIn profiles to perpetrate the fraud. These suspects worked with the accused, who resides in Ontario, to help receive and transfer the stolen funds overseas.

Police determined that the accused had created a fraudulent corporation, “Intact Global Inc.”, and opened multiple business bank accounts to receive and launder more than $950,000 in victim funds. The accused then transferred the money to England, where it was further dispersed and laundered.

On December 5, 2025, members of the HRPS Financial Crimes Unit arrested and charged Inderjeet Singh, 26, of Brampton.

Charges:

  • Fraud Over $5,000
  • Possession of Property Obtained by Crime Over $5,000
  • Laundering Proceeds of Crime

Singh was released on an Undertaking with a future court date in Milton.

Residents are urged to exercise extreme caution when considering investment opportunities. Fraudsters often pose as trusted professionals and create sophisticated online platforms to lure potential victims.

Tips to Protect Yourself:

• Be skeptical of unsolicited opportunities: Be cautious of investments offered unexpectedly via social media, text messages, or phone calls—even if they appear to come from someone you know.
• Beware of “guaranteed” returns: Legitimate investments do not offer high returns with little or no risk.
• Avoid high-pressure tactics: Fraudsters often create urgency to force quick decisions. Take the time to research before investing.
• Verify registration: Ensure individuals or companies offering investment services are registered with the Ontario Securities Commission.
• Do your homework: Use credible, independent sources—not just the information provided by the seller.
• Be cautious with cryptocurrency: Crypto transactions are often irreversible and lack traditional investor protections. Be wary of anyone met online who pressures you to invest.
• Never share sensitive information: Confirm the legitimacy of any request for personal or financial information before providing it.

More information on frauds and scams is available on our website.

Anyone with information related to this investigation is asked to contact the HRPS Financial Crimes Unit at 905-825-4777, ext. 8739.

Tips can also be submitted anonymously to Crime Stoppers at 1-800-222-8477 (TIPS) or online at www.haltoncrimestoppers.ca.

Media Inquiries:

Halton Regional Police Service
Media Relations
Phone: 905-825-4899
Email: corpcomm@haltonpolice.ca