< Former Squamish Nation councillor on trial for alleged $1 million fraud - Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Former Squamish Nation councillor on trial for alleged $1 million fraud

Feb. 27, 2021 (British Columbia) – A former Squamish Nation councillor is on trial this week in North Vancouver provincial court, charged with allegedly defrauding and stealing almost $1 million from the Indigenous government whose interests she was supposed to represent.

Krisandra Lenore Jacobs, 56, faces one charge of defrauding the Squamish Nation of over $5,000 and another charge of theft of over $5,000 from the Squamish Nation. Jacobs is alleged to have committed the fraud in North Vancouver over a three-year period, between April 1, 2011 and May 2, 2014. The criminal charges against Jacobs come more than six years after an independent civil investigation conducted for the Squamish Nation in 2014 revealed a significant portion of the band’s “emergency fund” was not properly accounted for and two years after criminal charges were laid.

On Monday, prosecutor Shelley Hulko outlined the Crown’s theory to Judge Lyndsay Smith that Jacobs defrauded the Squamish Nation of “approximately one million dollars.” North Shore News reports. | READ MORE