Court denies Legal Aid plea of fraudster who cheated investors of $5.3M

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The Ontario Court of Appeal has dealt a serious blow to a convicted Hamilton fraud artist’s hopes of staying out of prison. Herbert Adams, facing a sentence of five and a half years for a $5.3-million fraud, said he can’t afford legal appeals of his conviction and sentence and asked for a court order requiring the federal government to fund his efforts. Adams’ cries of poverty, however, failed to impress Justice David Watt. Adams was convicted of cheating investors over two years in his Burlington-based Majestic Supply Company Inc. It claimed to have developed an environmentally friendly miracle ink product that was going to be marketed throughout North America.

By Steve Arnold
Read the full article at The Hamilton Spectator.