Two Charged In Alleged Million Dollar Fraud

ONTARIO-The OPP has charged two people following a long‑term fraud investigation.

In August 2022, Northumberland OPP received a complaint reporting that over $1 million CAD had been lost in a fraud in which the victim believed they were investing in a legitimate business.

The complainant advised that multiple transactions had occurred dating back to 2018, and that an in‑person meeting related to the alleged investment took place outside of Canada.

Following over a three‑year investigation by members of the Northumberland OPP Crime Unit, two individuals were arrested earlier this month.

Eghosa Iyamu (51) from Etobicoke, has been charged with:

–          Fraud over $5,000

–          Possession of property obtained by crime over $5,000

Gerardo Gentile (63) from Bradford-West Gwillimbury, has been charged with:

–          Fraud over $5,000

–          Possession of property obtained by crime over $5,000

Both accused are due to appear before the Ontario Court of Justice in Cobourg in March 2026.

Police say this case highlights the complexity of modern fraud schemes, which often involve:

• Social engineering tactics such as building trust through messaging apps
• Requests for upfront payments to unlock supposed investments or benefits

If something sounds too good to be true, it likely is. Always take the time to verify any offer through trusted sources.

Protect Yourself Against Fraud

• Be cautious of unsolicited financial opportunities promising quick gains.
• Never send money or share personal information with unknown individuals online.
• Verify investment offers through reputable financial institutions.
• Report suspicious activity immediately to police or the Canadian Anti‑Fraud Centre (CAFC).

For more information on common scams and how to protect yourself, visit Canadian Anti-Fraud Centre.