Ze Zhang of Toronto charged with fraud

The Toronto Police Service is requesting the public’s assistance with a fraud investigation.

It is alleged that:

– the accused targets business owners in Toronto,

– the accused will befriend her victims and present herself as a wealthy person,

– the accused tells the victims that her father is a successful businessman in China and is looking for business partners,

– the accused tells victims that her accounts have been frozen by the banks because of the large amount of money transferred from her father,

– the accused will then ask the victims for a cash loan and promises to pay them back once her accounts are released,

– the accused gives victims cheques as a payback for the loan,

– the cheques are later found to be from a closed bank account,

– the accused refuses to pay any money back to the victims.

Ze Zhang, 28, of Toronto, has been charged with:

1) two counts of Fraud Over $5,000,
2) Attempted Fraud Over $5,000,
3) two counts of Personation with Intent,
4) Misleading Receipt,
5) Conspiracy to commit indictable offence.

The accused is scheduled to appear in court at College Park, 444 Yonge Street, on Monday, July 26, 2010, room 501, at 10 a.m.