Halton police arrest man accused of international investment scam

Halton police have laid multiple charges against a 26-year-old Brampton man in connection with an online investment scam going back to the fall of last year.

Police were called to investigate 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 where the victim lost his retirement savings.

Detectives also identified a second victim living in Alberta who had lost $250,000 to the same 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.

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 Dec. 5, Halton Regional Police Financial Crimes Unit arrested and charged Inderjeet Singh with three charges related to fraud and money laundering.

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

The public 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.

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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 with Halton Crime Stoppers.

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