Garden Grove

Suspect arrested in investment fraud

SUSPECT Toan Huu Nguyen is arrested by Garden Grove police (GGPD photo).

A suspect in an investment fraud scheme revolving around skin care products was arrested by Garden Grove police on Thursday.

According to Lt. Carl Whitney of the GGPD, Toan Huu Nguyen was arrested at 10:56 a.m. in Santa Ana.

A fraud report was filed with police on Dec. 27 by a woman who operated a business in the 10800 block of Westminster Avenue. She advertised the products in a local Vietnamese language newspaper and Nguyen allegedly agreed to buy $80,000 worth of the items in exchange for a $2,000 commission.

TOAN HUU NGUYEN (GGPD photo).

The suspect then allegedly provided two fraudulent cashier’s checks in the amount of $25,000 each and took about $1,300 worth of the product. Later he allegedly gave her another fraudulent check for $50,000.

Believing the checks were real and “had already cleared her bank,” she gave Nguyen a genuine $2,000 cashier’s check. Upon discovering the status of the suspect’s checks, she tried to contact him, but found that his phone was disconnected.

Detectives located the suspect and arrested at his home. He was booked into Orange County Jail in Santa Ana for burglary, grand theft and other fraud-related charges.

“It is possible Nguyen targeted the Vietnamese community and similar businesses” according to Lt. Whitney. Victims are encouraged to contact the GGPD at (714) 741-5704.

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