Justice Robert Manager said it was “selfish greed” of Jacques Scribnock, a former financial advisor, that resulted in shell company schemes that robbed close friends and family of their life savings. The frauds took place over a four-year period starting in 2008 and Scribnock was arrested in 2013, about six months after Ottawa police started receiving complaints from investors and launched an official investigation.
“The man is a snake, and a predator.” – Susan Brownrigg, fraud victim
Scribnock used shell companies under the names Magna Securities and Stone Securities to defraud those close to him, including his cousin.
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