Loren Reagan wanted in hockey fraud trial

Supported By:

Net Patrol International Inc.  Data Investigation and Forensic Services
Bankruptcy and Insolvency Trustees

The Supreme Court of British Columbia has issued a Canada-wide warrant for the arrest of Loren Reagan after failing to show up for his hockey fraud trial Monday morning.

Reagan is charged with fraud over $5,000 and theft over $5,000. He is one of two men accused of a Okanagan fraud scheme involving a hockey association’s plan to send young hockey players to Europe.

The fundraising effort raised over $125,000 according to a Crown lawyer. The two accused men used unlicensed raffles and parent contributions, but no Europe trip ever happened.

The Crown alleged that Reagan and his former business partner Michael Elphicke, the co-accused in the trial, made personal payments with the money raised and diverted some funds to a failed dorm project in Penticton.

Read more at Kelowna Cap News

This article is summarized by Canadian Fraud News Inc.