Alberta Man Charged with Fraud while Serving as Executor of Widow’s Estate

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In Calgary, police charged a man for stealing half a million dollars while serving as the executor and trustee to a deceased Calgary woman’s estate.

The suspect and the woman established a close friendship after the man purchasing her deceased’s husband’s accounting business in 2008.

In 2011, the woman was diagnosed with a terminal illness and renewed her will, naming the suspect as the sole executor and trustee of her estate. After her passing, it is believed that the suspect filed the estate at $1.2 million. The estate was later valued at approximately $700,000.

Over the next six years, the suspect allegedly paid himself a total of $500,205 from the estate for his executor and accounting fees. In 2017 the family members of the deceased woman became suspicious and contacted police to investigate allegations of misappropriation of funds.

On Tuesday, Aug. 31, 2021, Jeff BORSCHOWA, 49, was located in Red Deer, AB. He is charged with theft over $5,000 and fraud over $5,000. He will next appear in court on Tuesday, Oct. 12, 2021.

The police remind citizens to report fraudulent activity to the police by calling the non-emergency number at 403-266-1234 or by calling 911 for a crime in progress. This article was originally sourced by Canada Police Report.