(CITY OF TEMISKAMING SHORES, ON) – On February 1, 2013 members of the Ontario Provincial Police (OPP) Temiskaming Crime Unit were called to investigate a fraud surrounding the restoration and sale of a vacant commercial property on Lakeshore Road, Haileybury.
This lengthy investigation has been ongoing for approximately three years. After executing several search warrants, the financial loss is approximately $7.5 million dollars. The police have charged five individuals with a total of 60 Criminal Code (CC) offences.
The OPP North East Regional Support Team (NERST), The North East Intelligence Unit and The Financial Transactions and Reports Analysis Centre of Canada (F.I.N.T.R.A.C.) have assisted with this ongoing investigation.
At this time, Arash MISSAGHI, 45, of Richmond Hill has been arrested and charged with:
- Participate in a Criminal Organization – section 467.11 of the Criminal Code
- Fraud Over $5000 – section 380(1)(a) of the Criminal Code (6 counts)
- Fraud Under $5000 – section 380(1)(b) of the Criminal Code
- Obtaining by False Pretence – section 362(1)(a) of the Criminal Code
The accused is in custody and will appear on October 9, 2015 at the Ontario Court of Justice in Haileybury for a bail hearing.
Further details will be provided as they become available.
