A former investment advisor is facing four counts of fraud for allegedly stealing hundreds of…
FTX tells court it has evidence Sam Bankman-Fried transferred assets to Bahamas government custody after bankruptcy
FTX in a bombshell emergency court filing Thursday said it has credible evidence that Bahamian regulators directed former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems to obtain digital assets belonging to the company after it had...
‘Sorry’: Crown calls for harsh sentence for Calgary man in multimillion-dollar fraud
CALGARY – The Crown asked for a sentence of 10 to 12 years Wednesday for a Calgary man who bilked clients out of millions of dollars in a Ponzi scheme. Arnold Breitkreutz, 74, was convicted on June 29 of fraud over $5,000 for what the Crown described as a...
Former investment advisor’s fraud motivated by personal gain, court hears
A former Newfoundland and Labrador investment advisor who swindled at least $710,000 from elderly clients over a 13-year period has been ordered to pay the money back and serve a federal prison sentence. Joan McCarthy, 54, worked at MD Financial Management, an...