Three Toronto men charged with alleged fraud targeting Bangladeshi community

The Toronto Police Service began a fraud investigation after receiving numerous complaints from the Bangladeshi community regarding a company that offered money-transfer services.

It is alleged that:

– the owner of Doulat Enterprise Inc., at 3094 Danforth Avenue, Doulat Khan, and two of his employees, received money from people which was supposed to be wired to a receiving financial institution overseas

– the money received by Doulat Enterprise Inc., was not wired to the receiving financial institutions and was retained by Doulat Khan and his employees for their own gain

– the financial loss associated to the victims who have come forward, thus far, is $129,861.78

On Tuesday April 3, 2012, three persons were arrested and charged in relation to this investigation:

Doulat Khan, 58, of Toronto, was arrested and charged with:

1. six counts of Fraud Over $5,000
2. four counts of Fraud Under $5,000
3. Laundering Proceeds of Crime

Amanot Khan, 55, Toronto, was arrested and charged with:

1. two counts of Fraud Over $5,000
2. Fraud Under $5,000
3. Laundering Proceeds of Crime

Monjure Leeton Elahi, 42, of Toronto, was arrested and charged with:

1. Fraud Over $5,000
2. Fraud Under $5,000
3. Laundering Proceeds of Crime

They are scheduled to appear in court at 1911 Eglinton Avenue East on Tuesday, May 15, 2012, at 2 p.m.

Police believe there may be other victims who have not come forward to police.

Related Articles

Be the first to comment

Leave a Reply

Your email address will not be published.


*


Confirm you are not a spammer! *