The RCMP and CPS, after a joint investigation into financing frauds that lasted over two years, have charged four people and one Calgary business with fraud and money laundering.

In December 2013, the RCMP’s Serious and Organized Crime team was alerted to the existence of a possible financing fraud scheme which was being committed.

The RCMP enlisted the help of the CPS Economic Crime Unit and the subsequent investigation resulted in the arrests of the suspects and the charges being laid.

Giovanni Bartolotti, 46, is charged with conspiring to commit fraud over $5,000, conspiring to commit laundering of proceeds of crime and 14 additional fraud-related offences.

Kalim Khan, 41, is charged with conspiring to commit fraud over $5,000, conspiring to commit laundering of proceeds of crime and 10 additional fraud-related offences.

Lindsay Tietz, 31, is charged with two counts of having in his possession proceeds of crime.

Linh Tran, 37, is charged with conspiring to commit fraud over $5,000, conspiring to commit laundering of proceeds of crime and 19 additional fraud-related offences.

The business named in the charges, 1755569 Alberta Ltd., is a numbered company controlled by Tran. The corporation has been charged with having in its possession money exceeding $5,000 and transporting money exceeding $5,000 with intent to conceal or convert that property.

Investigators say the suspects and business defrauded their victims, which included financial institutions, private lenders and home owners, of over $1M between September 2013 and December 2014.

“Fraud is not a victimless crime. It can have long lasting implications for victims whose identities or financial information is stolen,” says Staff Sgt. Kristie Verheul, Calgary Police Service Economic Crimes Unit in a release. “These investigations would not be successful without diligence from the public, financial institutions and our partner agencies such as the RCMP. Fraud is multi-jurisdictional and it’s critical we work together to find those responsible, no matter where they live and operate.”

Bartolotti, Khan and Tran have all been arrested and are scheduled to make their first court appearance on August 11.

Tietz has not yet been arrested and a warrant for his arrest has been issued.

Anyone with information about his whereabouts is asked to call Crimestoppers at 1-800-222-9477 or online at crimestoppers.org.