Toronto - In December 2007, police became involved in a fraud investigation where it is alleged that the accused and his accomplices defrauded a company of a substantial amount of electronic equipment.

On Thursday, February 28, 2008, officers from 23 Major Crime Unit arrested and charged a man with numerous fraud-related offences. As a result of the investigation, and after the execution of four search warrants, approximately $700,000 worth of electronic equipment and vehicles have been recovered.

It is alleged that:
- the accused was operating under fictitious corporations,
- the accused and his accomplices set up accounts with various companies and gained their trust,
- eventually orders for merchandise were placed and paid for with certified cheques which were later discovered to be counterfeit,
- by the time the cheques are discovered to be counterfeit, the merchandise has been delivered.

It is further alleged that:
- rental cars were also rented by various people,
- the cars were placed in containers with the electronic equipment and then shipped overseas,
- once the containers cleared customs, the rental cars were reported stolen.

The operation is global and police estimate that millions of dollars worth of equipment and vehicles have been shipped overseas already.

Recovered in this investigation to date:
- $5.5 million worth of certified cheques which have not been negotiated,
- receipts and statements proving approximately $2 million worth of additional frauds to numerous companies across Canada,
- tens of thousands of dollars worth of wire transfer statements from Toronto to Nigeria,
- a quantity of printers, photocopiers, fax machines, electronics and generators,
- six high-end vehicles valued at approximately $280,000, which included a 2008 Lincoln MKX, 2008 Chrysler 300M, 2008 Dodge Durango, 2008 Honda Civic, 2007 Nissan 350ZX, and 2005 Acura RSX,
- three photo labs valued at $80,000 each,
- boxes full of ownerships, master keys and paperwork related to a large number of stolen autos which have already been shipped overseas,
- 30 fraudulent credit cards in various names,
- 20 fraudulent drivers' licences from various provinces,
- fraudulent identification cards, passports, SIN cards, health cards, and cheque books,
- $4,000 cash,
- the names, credit card numbers, and other personal information of approximately 1,000 potential victims of credit card fraud.

Police believe the accused may have been involved in numerous fraud-related offences in the Golden Horseshoe area and are seeking the public's assistance identifying possible offences related to him and his accomplices.

The accused is Edmund Ezemo, 39, of Toronto.

He is charged with:

1) seven counts of Fraud Over,
2) nine counts of Possession of Property obtained by Crime Over,
3) Attempt Fraud Over,
4) eight counts of Theft Over,
5) Illegal entry into Canada.

He was scheduled to appear in court on Friday, February 29, 2008, 2201 Finch Avenue West.

Anyone with information is asked to contact police at 416-808-2300, Crime Stoppers anonymously at 416-222-TIPS (8477), or online at http://www.222tips.com/.