GUELPH – A Cambridge man has been arrested after a Guelph company was defrauded of more than $100,000.
Guelph Police say the man was head of the company’s IT department before being terminated in 2022 due to performance issues.
“In late 2021, while he was on an extended leave of absence, the man refused to provide passwords required by the company to access records. Eventually passwords were deleted from the system, requiring the employer to hire an external IT company to restore their systems,” police said in a news release.
Investigation revealed during 2018 and 2019, the man received several payments from the company after claiming he had purchased computer systems and equipment out of his own pocket when these items had never actually been ordered.
Police say the total loss to the company was $108,000.
On Friday a 38-year-old Cambridge man was arrested and charged with four counts of fraud over $5,000, two counts of fraud under $5,000 and mischief to data.
The male will appear in court next month.
