Toronto couple faces charges in $3 million credit card fraud

Man and woman targeted Home Depot for appliances, gift cards

A man and a woman face multiple charges in connection with a $3 million credit card fraud case.

The investigation revealed that between May 2011 and August 2014 the pair had allegedly applied online for over 100 credit cards using other people’s names at Citi Cards Canada Inc.

Police say that the couple would maximize the cards’ available limits, then use them to shop at Home Depot. The cards were used to purchase appliances, gift cards, home renovation products and other items, using non-sufficient funds cheques to pay off the cards.

Police searched the home of the two suspects and seized two vehicles and other items allegedly purchased with the stolen money.

Md Sumin Reaz, 38, and Malika Irrighen, 56, appeared in court at College Park on Oct. 28.

They face charges of uttering a forged document, obtaining a credit by false pretence over $5,000, fraud over $5,000 and possession of property obtained by crime over $5,000.

Toronto Fraud Convictions

Information provided by Statistics Canada indicates that there has been a drop in Ontario fraud charges since 2009 by three per cent every year since. The highest drop was in 2013 with a nine per cent drop.

The information also indicated that only five per cent of Ontario fraud crimes are committed by youth.