Police in Taber say the alleged crimes took place between March 2013 and July 2013 and involved a local agriculture business.
The alleged scam involved obtaining hay under false pretences and without that company being reimbursed.
Scott James Piggott, who is 33, is facing several charges, including fraud and theft.
Piggott has been released on bail, with conditions, and is to appear in Taber provincial court on June 23.
Police say the investigation involved reviewing a massive amount of data and obtaining information from several companies in Canada and the United States.