Three people are facing fraud charges after an investigation by Guelph police.

Police say they were alerted to fraudulent transactions taking place at various stores in the city on Saturday.

A Cadillac Escalade was suspected in connection with the transactions.

Officers were able to locate the vehicle and arrested three 29-year-old men.

Achim Alcee of Milton, Steven Bordi of Mississauga and Daniel Boruch of Toronto are all facing charges of possession of a forged credit card and possession of property obtained by crime.

Boruch was also charged with breach of probation.

Police say merchandise and cash worth more than $8,000 were discovered in the Escalade.