The recent stay of fraud and theft charges against a former Vancouver Island investment dealer could be a sign of things to come, says a Canadian senator, as hundreds of other financial crime prosecutions could now be at risk.
Charles Kamal Dass, who was a registered investment adviser in Port Alberni, was charged with 15 counts of theft, fraud and forgery, based on transactions with 13 individuals and two corporations between 2000 and 2007, court heard. All charges have now been stayed because of what a judge called an unreasonably long wait for a trial. No allegations were proven in court.
Read the full article at The Vancouver Sun.