Two charged for bank investigator scams targeting seniors

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Two people have been charged for separate scams targeting seniors.

One of the accused is a 26-year-old from Guelph.

Guelph Police said three residents in their 90s were contacted by a stranger in July 2025. The caller claimed to be from their bank and tricked them into sharing their personal information. They also convinced the victims to hand over their debit and credits cards for “destruction.”

“A man attended the victims’ homes and collected the cards, which were later used to make thousands of dollars in withdrawals and purchases,” police said in a media release.

A Guelph man, who has not been identified, was charged with two counts of fraud over $5,000 and seven counts of unauthorized use of a credit card.

Hamilton Police have made an arrest for a similar scheme. The victim was also elderly.

“The victim received a phone call from an individual impersonating a bank investigator, who claimed the victim’s account had been flagged for money laundering,” a media release said. “The caller instructed the victim to transfer funds from his account to another account. Believing the request to be legitimate, the victim complied.”

A 25-year-old woman from Hamilton was charged with fraud over $5,000 and possession of property obtained by crime over $5,000.