21-year-old Toronto man arrested in alleged apartment rental fraud scam

Jan 16 2020, 12:31 pm

The Toronto Police Service have arrested and charged a Toronto man for his participation in an apartment rental fraud that occurred between December 2019 and January 2020.

According to law enforcement, an apartment rental was advertised online through a buy and sell classified advertising website and on social media. The apartment was located in the downtown core near the intersection of Dundas Street East and Ontario Street.

“The listing was priced much lower than market value to entice potential victims to rent the unit,” said police.

On Wednesday, 21-year-old Nahian Biswas was arrested.

He has been charged with committing Fraud Under $5000 and Possession of Proceeds of Crime Under $5000.

Police are concerned there could be other victims and are advising residents to exercise to be cautious when the listed price of a rental unit is significantly lower than similar units in the area.

Anyone with information in relation to this fraud is asked to contact Detective Constable Elliott Lee, at 416-808-5179, Crime Stoppers anonymously at 416-222-TIPS (8477), or text TOR and your message to CRIMES (274637).