Former financial planner charged for multi-million-dollar Ponzi scheme

Calgary (August 17, 2020) – Alberta RCMP announced that they laid charges against former financial planner with Espoir Capital, Vernon Fauth, for conducting a multi-million-dollar Ponzi scheme between January 2012 and July 2015. The Alberta Securities Commission (ASC) already ordered him to pay a total of $3.2 million and banned him permanently from market access … Continue reading Former financial planner charged for multi-million-dollar Ponzi scheme