Toronto police have arrested a Mississauga man they said allegedly committed fraud resulting in a woman losing $217,300.

According to police, Ikechukwu Victor Ozumba, 32, of Mississauga, a.k.a. Andrew Morgan, convinced a woman that a relative had left her a large amount of money that was being held offshore. The woman paid for a series of certificates and fees she believed would result in her receiving the inheritance. In reality, there never was an inheritance.

Staff Inspector Bryce Evans with Financial Crimes says the email or phone contact continues for weeks then there is a very convincing face to face with a suitcase of cash.

“When you start seeing the money, you’re saying this is what I invested in so then they say by the way we had a few more snaggles and we had to get more money from you,” he explained.

Police say the suitcase actually contains blank paper under American bills.

Police arrested Ozumba in a Toronto hotel while he was allegedly attempting to meet with the victim to receive more money.

He is charged with: fraud over $5000 and possession of a forged document.

Police believe there may be other victims.

Police is asking anyone who may have had contact with the suspect or has any information to call them or contact Crime Stoppers at 416-222-TIPS (8477),