Three Brampton residents face charges stemming from an alleged $500,000 scam involving fraudulent cheques.
Toronto Police say the Financial Crimes Unit launched a major fraud investigation dubbed Project Carbon Copy in February 2025.
“It is alleged that a group of individuals conducted organized fraud-related offences throughout Canada,” police said in a statement released Wednesday.
“Members of the group travelled across the country depositing fraudulent cheques into financial institution accounts,” police claim. “Then other members immediately accessed the funds through ATM withdrawals and point of sale purchases.”
Police claim some of the money was obtained at various locations that included casinos.
And the approximate loss totaled $500,000.
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Brampton residence and two vehicles searched
A search warrant was executed on Dec. 16, 2025, at a Brampton residence and on two vehicles.
During the execution of search warrants, police said officers seized $70,000 in cash, precious metals including gold, cheques, bank documents, high-end clothing, cellphones and two vehicles.
Three suspects were subsequently arrested.
Jashanbir Jabbal, 23, Gurbir Jabbal, 25, and Aryan Gupta, 23, all of Brampton, are each charged with two counts of fraud over $5,000.
The three accused are all scheduled to appear in court on Jan. 28.
A recent Angus Reid survey of Canadians found four-in-five respondents reported they have been the victims of attempted fraud attempts online and through phone calls.
And Canadians lost more than $638 million in reported fraud cases in 2024.
Anyone with information regarding this investigation is urged to call police at 416-808-7300 or Crime Stoppers anonymously at 1-800-222-TIPS (8477).
cdoucette@postmedia.com
@sundoucette
