B.C. man arrested after Alberta man scammed out of almost $600,000

A man from Delta has been charged after police in Lethbridge, Alta., say a local was defrauded of nearly $600,000 in a months-long investment scam.

The Lethbridge Police Service says the 59-year-old victim reached out to investigators, claiming he had been scammed by someone pitching investment opportunities online.

The man reportedly wired cash to the fraudster several times over the course of last year, but the money was ultimately deposited into cryptocurrency accounts outside Canada, where police say it cannot be recovered.

“Following a lengthy and complex investigation, the subject was identified and a Canada-wide arrest warrant was issued. On November 26, he was arrested without incident in B.C.,” said police in Alberta.

A 36-year-old Delta man has since been charged with possession of property over $5,000 and laundering the proceeds of crime.

The suspect was released from custody and is expected in a court in Lethbridge on Jan. 20, 2026.

The Lethbridge Police Service is warning people to recognize the red flags of scams, including investment opportunities that sound too good to be true.