Woman loses more than $13K in watch investment scam

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.