A Vaughan, Ont. man is facing nine charges in connection with alleged life insurance fraud, Toronto police say.

Police said Wednesday that Laurence Honickman, 42, of Vaughan, was arrested and charged with fraud over $5,000, attempted fraud, two counts of uttering a forged document, laundering proceeds of crime, two counts of failing to comply with probation, failing to comply with recognizance, and failing to comply with an undertaking.

According to police, Honickman, who is currently prohibited from acting as an insurance agent, allegedly “obtained several personal cheques on a victim’s previously purchased life insurance policy”; allegedly defrauding the victim of $25,000.

Police say they believe that there may be more victims.

Back in 2012, the Financial Services Commission of Ontario (FSCO) revoked Honickman’s license, following a hearing into allegations that he made misrepresentations to clients and to regulators, and was no longer suitable to be licensed as a result. He did not attend the hearing, nor was he represented at the hearing.