Ajax / Crime

Christos Charalambous charged in alleged $400K+ financial exploitation of elderly Ajax woman

The Oshawa man faces theft and fraud charges over $5,000 after a lengthy DRPS OASIS investigation found the elderly Ajax victim suffered losses exceeding $400,000. He was released on an undertaking; the allegations have not been proven in court.

By Daily Durham News

Oct 2, 2026, 5:08 p.m. ET1 min read

Updated Oct 6, 2026, 3:49 p.m. ET

Lake Ontario shoreline in Ajax looking east, with waves, bare trees and the Darlington Nuclear Plant on the horizon. — Lake Ontario shore in Ajax, looking east toward Darlington. Photo: Dillan Payne, Wikimedia Commons (CC BY-SA 4.0). · Credit: Dillan Payne, Wikimedia Commons

On October 7, 2023, West Division officers responded to a residence near Windsor Avenue and Elm Street in Ajax for a well-being check after concerns were raised about the welfare of an elderly woman and the possibility of elder abuse, according to DRPS.

Based on information provided by the victim, investigators from the DRPS Older Adult Support Investigative Services Unit (OASIS) investigated allegations of fraud and theft. Following the lengthy investigation, police determined the victim had suffered financial losses exceeding $400,000, and arrested the suspect without incident on September 29, 2026.

Christos Charalambous of Oshawa is charged with theft over $5,000, fraud over $5,000, and possession of proceeds obtained by crime over $5,000. He was released on an undertaking. DRPS says police are concerned there may be other victims and have released a photo of the accused; anyone with information is asked to contact D/Cst. Raposo of the OASIS unit at 905-579-1520 ext. 5617. The allegations have yet to be proven in court.

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