TORONTO, Aug. 17 /CNW/ - Following an investigation by the RCMP GTA
Commercial Crime Section, Mass Marketing Unit, with assistance from the
Toronto Police Service, one individual has been charged under the Criminal
Code of Canada. The investigation resulted from information received from a
money wire transfer company.
Charged with one count of Fraud Over $5,000 and one charge of Laundering
the Proceeds of Crime is:
Kingsley WHYTE, age 35, of no fixed address.
The RCMP alleges that WHYTE used a business, Kash Mart, previously
located on Danforth Avenue, in Toronto ON, to set up an account with a money
wire transfer company. WHYTE then deposited fraudulent cheques into the bank
account of this company allowing him to use the financial network of the wire
transfer company to transfer funds to other entities under his control. These
funds were later withdrawn before the cheques could be discovered as being
fraudulent. The loss to the money wire transfer company was in excess of
$96,000.00 in U.S. funds.
Any person or company who may have had business dealing with Kingsley
WHYTE is asked to contact the RCMP GTA Commercial Crime Section at
For further information:
For further information: Sgt. Michael Harvey, Acting Media Relations
Coordinator, RCMP "O" Division, Office: (613) 937-2831, Cell: (613) 551-0747