Man faces charges in what police call an “investment scam,” that allegedly defrauded friends and acquaintances of more than $240,000.
Published Mar 27, 2025
Last updated Mar 27, 2025
1 minute read
Police asked citizens to be cautious Sunday after a broken fire hydrant caused flooding in several downtown areas. Photo by Tony Caldwell /POSTMEDIAArticle content
A 39-year-old Ottawa man faces several fraud charges in connection with what police call a “fraudulent investment scam,” that allegedly defrauded friends and acquaintances of more than $240,000.
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In a release, police said Timothy Laflamme ran the alleged scam between December 2023 and September 2024.
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Police said Laflamme allegedly approached victims and offered them an opportunity to invest with a company that he described as a real estate platform, presenting himself as a qualified investor.
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Laflamme then allegedly used the money collected to cover personal expenses and investments in cryptocurrency, police said.
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Laflamme appeared in court Wednesday on charges of:
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Eight counts of Fraud Over $5,000Two counts of Fraud Under $5,000Article content
If anyone has been defrauded by this individual, please contact the Ottawa Police Service fraud section at 613-236-1222, ext. 5190, or by email at [email protected].
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