Toronto police have arrested a real estate agent from Toronto after a fraud investigation earlier this month.

It is alleged that a man operated his own business in the name of Grange Real Estate Inc. brokerage with connections in the GTA and internationally. In August 2018, counterfeit deposits were made into a business account amounting to $2.9 million, police say.

Following these deposits, several transactions involving transfer, credit and bill payments were made at several bank branches.

Dwight Grange, 50, of Toronto has been charged with two counts of fraud over $5,000, two counts of attempted fraud, and one count of uttering a forged document.

Police executed a search warrant after his arrest and it is alleged that a large quantity of narcotics was discovered.

This led to the arrest of Amanda Milward, 49.

Both Milward and Grange have been charged with possession and possession for the purpose.

Anyone with information is being asked to contact police at 416-808-7300, or Crime Stoppers Anonymously at 416-222-8477.