In a news release issued on Thursday, police said that they have been advised by Al-Hasnawi's family that an unauthorized GoFundMe page titled "Hamilton Hero Funeral Fundraiser" has been set up.
"We can confirm that GoFundMe suspended the campaign and that we are looking into this", GoFundMe communications manager Rachel Hollis said in an emailed statement. "Our investigation is ongoing".
"This matter is now being investigated by the Hamilton Police Service Major Fraud Branch", the Hamilton Police Service said in their press release.
Police are hoping to speak with the man who created the account.
King has been at large since Monday, when police obtained an arrest warrant for the Hamilton man.
The victim, Yosif Al-Hasnawi, left the Al Mustafa Islamic Centre near Main Street East and Wentworth Street North around 9 p.m. on Saturday.
Yosif Al-Hasnawi - described by police as a courageous young man who was trying to do the right thing - was shot when he tried to intervene as two men were accosting an older man in downtown Hamilton on Saturday night.
A vigil for Al-Hasnawi organized by Brock students is being held at the university Friday afternoon at 3 p.m.
Hamilton police say they're "closing in" on a suspect wanted for second-degree murder in the shooting death of the Good Samaritan.
The university is also collecting donations to establish the Yosif Al-Hasnawi Memorial Fund, which will be used to establish a scholarship in his name. Police say he should be considered armed and unsafe.
On Monday, James Matheson, a 20-year old, was arrested and charged with accessory.