Public Assistance Sought in Identifying Additional Fraud Victims
Region of Peel – Investigators with the 21 Division Criminal Investigation Bureau (CIB) have arrested two men in connection to a fraud investigation and are seeking the public’s help in identifying additional victims.
In July 2024, Peel Regional Police received reports of a suspected fraudulent contracting business operating under the name A&E Contractors in Brampton and Mississauga, linked to Timothy Carter.
Following a two-year investigation, investigators determined the company had no legitimate business operations, physical address, or corporate records. The known financial loss exceeds $800,000.
As a result, the following individuals were arrested and charged:
Timothy Carter, 66, of Mississauga
- Fraud Over $5,000 x2
- Utter Threats
- Assault
- Assault with a Weapon
Marco Maggisano, 55, of Vaughan
- Fraud Over $5,000
- Possession of Property Obtained by Crime
- Laundering Proceeds of Crime Committed within Canada
Investigators believe there may be additional victims and are urging anyone who may have had dealings with A&E Contractors to contact 21 Division CIB at 905-453-2121, ext. 2133. Information may also be left anonymously by calling Peel Crime Stoppers at 1-800-222-TIPS (8477), or visiting www.peelcrimestoppers.ca.
Residents are urged to carefully verify any contractor before hiring, including checking references and business legitimacy, verifying credentials, and reviewing social media or online feedback. Peel Regional Police are committed to sharing information to help keep community members and their families safe from falling victim to fraud, including how to spot and report fraudulent activity. For more information, please visit www.peelpolice.ca/fraud.
SOCIAL MEDIA
MEDIA CONTACT
Media Relations Officer
Email: media.relations@peelpolice.ca
Phone: 905-453-2121, ext. 4027
Inc : PR240133499
N/R: 26-019
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