Toronto Police have arrested a woman in connection to cottage flipping in Muskoka. Police say they arrested the 51-year-old from Scarborough on Thursday. She was charged with failure to comply with undertaking and faces six counts of fraud over $5000. Police alleged she would offer people an investment opportunity beginning in December 2011. It would provide short-term, high interest loans to cottage flippers in Muskoka. Police believe there may be other victims involved.