Niagara accountant arrested following fraud investigation

Niagara police have arrested an accountant in connection with a fraud investigation that began in February 2024.

Investigators learned that a business in the Niagara region hired the owner of Justin Jay Tax Accounting Services.

The business became skeptical of the accounting practices and a third-party review was conducted, resulting in allegations of fraud.

On April 23, police arrested and charged 44-year-old Cherrel Monton-Matsugu of Niagara Falls with the following:

• Fraud over $5,000
• Possession of proceeds of property obtained by crime over $5,000
• Altering a document with intent to defraud
• Criminal breach of trust

Monton-Matsugu was released from custody on a peace bond.

Anyone with information about this investigation is asked to contact police at 905-688-4111, option 3, ext. 1009488.

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