Posted on Thursday April 24, 2025
Investigators with the York Regional Police Financial Crimes Unit have charged an 81-year-old man with fraud and are urging any additional victims to come forward.
The investigation began in May 2024, after the victim did not receive funds owed to them following a business transaction in December 2023. Over $500,000 was entrusted to the suspect, who was acting as the victim’s real estate lawyer.
After a period of time, the victim failed to receive the money and reported it to police.
After a lengthy investigation, Ping-Teng TAN, was charged.
Investigators are releasing his photograph as they believe there may be additional victims due to his position as a real estate lawyer.
Charged:
- Ping-Teng TAN, 81, of City of Toronto
Charges:
- Fraud Over $5,000
- Possession of Property Obtained by Crime Over $5,000
Anyone with information is asked to contact the York Regional Police Financial Crimes Unit at 1-866-876-5423, ext. 6612. Anonymous tips can be sent to Crime Stoppers by calling 1-800-222-TIPS or online at www.1800222tips.com.
Visit our Community Safety Data Portal for complete stats and crime data within York Region. Crime prevention is our shared responsibility. Learn more about Operation Streetview.
Prepared by: Constable Kevin Nebrija
24-133476
April 24, 2025
