Ian Wilson Fisher, a Calgary man, will spend the next five years in prison for committing fraud against an oil and gas company he co-founded.
The 54-year-old admitted to defrauding the oil and gas company, Arcan Resources, which he co-founded with his brother and another man.
According to an agreed statement of facts, Fisher created shell companies in 2008 and then made dozens of false invoices billing close to $5 million
“It was done through three corporations that were essentially fraudulent companies. It was fraudulent invoicing so billing for things that never happened,” said Crown prosecutor, Steven Johnston.
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