$28,000 in fraudulently issued loyalty points leads to charges for Mississauga man
Published April 11, 2024 at 5:58 pm
A Mississauga man is up on fraud charges after a 16-month police investigation into an alleged loyalty point scam valued at more than $28,000.
In August 2022, according to Peel Regional Police, a business contracted another company to provide customer service to new and existing customers.
Police said a man employed by the second company subsequently rewarded customers with loyalty points over a period of time. It was later discovered he had fraudulently issued 40,915,976 loyalty points to family members and created a fake account, investigators allege.
The fraudulently obtained points were used to purchase gift cards with a value of more than $28,000, according to police.
Fraud Bureau officers with Peel police arrested a man on Tuesday.
Tyrone Jacobson, 23, is charged with fraud over $5,000. He will appear in Brampton court on May 13.
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Police remind all employers to be vigilant when examining changes to reward programs and to visit the Canadian Anti-Fraud Centre (www.antifraudcentre-centreantifraude.ca) for tips on how to protect your business.
Anyone with information on this or a similar crime is asked to contact the Fraud Bureau at 905-453–2121, ext. 3335. Information may also be left anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477), or by visiting peelcrimestoppers.ca.
