A 72-year-old man is facing charges in connection to five reported frauds involving local businesses.

Saskatoon Police say in each of the reported incidents, which date back to 2023, complainants said they hired an accounting business to assist with payroll but were later were notified of arrears and interest owed to the Canada Revenue Agency.

An investigation was launched, which included a forensic audit, and it revealed that the suspect misappropriated payroll remittances to the CRA totaled more than $250,000.

Rene Stock is now facing ten charges, and he made his first appearance in Provincial Court on Tuesday.

Saskatoon Police advise that prior to seeking payroll and accounting services, the public should verify the credentials of the individual/business and search the business name online.