A Port Williams, N.S., man has been sentenced to four years in prison after he pleaded guilty last year to defrauding about $8.5 million from the Royal Bank of Canada. Gregory Paul Burden was sentenced on Tuesday in Kentville provincial court. Judge Claudine MacDonald also ordered Burden to pay $3 million in restitution to RBC, as well as $409,900 to four individuals who had made investment decisions based on Burden’s forged financial reports. “To my knowledge, this is the largest fraud amount in any reported decision in Nova Scotia,” Crown attorney Mark Heerema said in an interview Wednesday. Burden, 66, was charged in 2013 following a 16-month investigation by RCMP.
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