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Ontario police arrest suspect whose credit card debt accumulated to one million dollars

Ontario police arrest suspect whose credit card debt accumulated to one million dollars

By Mohamed nasar

Published: January 24, 2024


Ontario Police arrested a man named Navid Nader, who is 57 years old, on fraud charges; he accumulated more than one million dollars in credit card debt that he did not pay off.

Ontario Police announced the opening of an investigation into this matter after receiving a report from a major credit card company indicating that an individual had accumulated debts exceeding one million dollars.

Security investigations reported that the accused used his credit card to withdraw cash amounts to financial companies in order to circulate money through people and companies related to him.
The investigations also indicated that the maximum limit of their credit cards was very high, allowing the accused
to accumulate more than one million dollars in unpaid debts.

The security authorities announced that they confronted the accused with charges of fraud exceeding 5 thousand dollars, and he also faced a charge of forgery.

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