NewsNow E-Edition June 13, 2024 – View Online

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Fraud – Beamsville Couple Charged in $1.2 Million Dollar Mishap

In 2013, a retail company found that over $1,200,000, which was meant for one of their merchants, had inadvertently been deposited to a wrong bank account.

The retail company had attempted to recover the funds but was unable to successfully recover a large portion of them due to the recipient being unwilling to part with the money.

An investigation by the Niagara Regional Police Service’s Central Fraud Unit revealed that the funds had been moved to other bank accounts and had been used to make cash withdrawals and large purchases.

On Thursday, August 7, 2014, police arrested and charged a 53-year-old Hatim GULAMHUSEIN and 42-year-old Lutufia KHALEK, both of Beamsville, with Fraud Over $5000 and Laundering Proceeds of Crime.

Both were held in custody for a bail hearing where they were released on their own recognizance.

Subscribe & Never Miss An Update

Enter your information below to subscribe to the NewsNow Newsletter.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Comments are closed.

Local News Matters! Help Support News Now with a Voluntary Subscription

Would you like to support NewsNow in its efforts? This is your opportunity.

Get Details