UPDATE: Documents obtained by CTV News Toronto show all charges against the 2 accused were stayed in 2021.
A Toronto real estate agent has been charged in connection with an alleged $2.9 million bank fraud investigation.
Police allege the man operated his own business, that had connections in the Greater Toronto Area and internationally, under the name Grange Real Estate Inc. Brokerage
In August 2018, police allege the man made counterfeit deposits, totaling more than $2.9 million.
Police said following the deposits, several transactions involving transfer, credit and bill payments were made at different bank branches.
On Wednesday, police arrested and charged Dwight Grange, 50, with two counts of fraud over $5000, two counts of attempted fraud over $5000 and utter forged document.
Police said that while executing a search warrant in connection with the investigation, they discovered a number of narcotics.
Grange and a woman, identified as 49-year-old Amanda Milward, were charged with possession and possession for the purpose.
