A man from Delta has been charged after police in Lethbridge, Alta., say a local was defrauded of nearly $600,000 in a months-long investment scam.

The Lethbridge Police Service says the 59-year-old victim reached out to investigators, claiming he had been scammed by someone pitching investment opportunities online.

The man reportedly wired cash to the fraudster several times over the course of last year, but the money was ultimately deposited into cryptocurrency accounts outside Canada, where police say it cannot be recovered.

“Following a lengthy and complex investigation, the subject was identified and a Canada-wide arrest warrant was issued. On November 26, he was arrested without incident in B.C.,” said police in Alberta.

A 36-year-old Delta man has since been charged with possess

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