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Woman loses more than $13K in watch investment scam

(iStock image) Gorodenkoff Productions.

By Natasha O'Neill

Posted Feb 21, 2025 12:33:54 PM.

Last Updated Feb 21, 2025 12:40:37 PM.

Guelph police laid a fraud charge to an Ottawa man in a case that saw a woman lose more than $13,000 over two months.

In a press release, officers said a 19-year-old Guelph woman in April started talking with a man over social media after seeing a post. In August, the two met up in person, when the man described how he buys and resells high-end watches.

He invited her to invest and over the next two months she transferred thousands of dollars without seeing any return.

By December, a warrant was taken out for the man’s arrest. On Feb. 20, he turned himself into police.

The 22-year-old Ottawa man is facing a charge of fraud over $5,000. He is set to appear in court on April 8.

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