Toronto Police have arrested two men, in connection with an ongoing investigation into taxi-cab debit-card fraud.
Police began an investigation in the fall of 2015 after taxi customers said they had their debit cards “switched” after having paid their taxi fare.
It is alleged that the taxi driver would switch the customer’s card for one that resembled their financial institution.
The customer’s card was then used to withdraw funds and to purchase retail merchandise.
26 year old Muhammad Tariq, of Toronto was arrested and charged with three counts of fraud under, three counts of possessing a credit card obtained by crime and forgery.
25 year old Ahmed Dogar, of Toronto was arrested and charged with theft of credit card, six counts of possessing a credit card obtained by crime, five counts fraud under, fraud over and three counts of forgery.
Both men were scheduled to appear in court on Tuesday, July 5 at 1 p.m.
Police remind people to be vigilant when using debit cards at “Point of Sale” machines. Always maintain possession of your card and ensure you request a receipt.
Police are concerned there may be other victims.