A Calgary financial consultant who has been charged with bilking investors out of more than $335,000 made a brief appearance in court on Friday. Commercial crime investigators with the Calgary RCMP allege the accused, 44, misappropriated cash and forged numerous portfolio statements within a one-year period. The accused faces 47 charges of fraud and theft under the Criminal Code. At least 17 people are alleged to have been scammed. An agent for defence lawyer Patrick Fagan asked a provincial court …
Fund salesman faces 47 counts of bilking clients
A Calgary financial consultant who has been charged with bilking more than $335,000 from unsuspecting investors will face a tribunal of his peers in February. Commercial crime investigators with the Calgary RCMP allege the accused misappropriated the cash and forged numerous portfolio statements within a one-year period. He faces 47 charges of fraud and theft under the Criminal Code. The Alberta Securities Commission has also commenced administrative proceedings against the accused and will decide in February whether to revoke his ...