A former MaRS Discovery District employee is facing 11 charges in a Toronto police fraud investigation. Thornhill resident Allen Gelberg, 61, allegedly used his position as director of the Collaboration Centre with MaRS to defraud his employer, as well as several service providers, of more than $970,000.
Toronto police fraud investigation
In a statement, MaRS said Gelberg was responsible for the procurement and delivery of event services and “used his position at MaRS to divert funds related to event activities at MaRS to the employee’s personal use.” Gelberg is charged with eight counts of fraud over $5,000, defrauding the public over $5,000, possession of the proceeds of crime and laundering proceeds of crime.
Read more at CBC News.