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Man charged for allegedly misappropriating $1.2M from Gander Aviation

Gander (December 11, 2020) – The RCMP charged Gerald Templeman with fraud for allegedly misappropriating more than $1.2 million from Gander Aviation on December 10. An employee of the private aviation company notified the Mounties two years ago of suspected fraudulent activities concerning the finances of the company. The investigation determined that several fraudulent transactions took place between January 2015 and November 2018. He is facing one count of Fraud Over $5,000.

The RCMP laid charges against a man in a case of alleged fraud at Gander Aviation, according to a press release issued by the Mounties on December 11. Gerald Templeman, a former chartered accountant, is accused of misappropriating more than $1.2 million from Gander Aviation.

$1.2M misappropriated from Gander Aviation

On November 28, 2018, an employee of Gander Aviation notified the RCMP of suspected fraudulent activities concerning the finances of the company. The Gander RCMP launched an investigation, turned it over to the RCMP’s General Investigation Unit, and engaged the Forensic Management Accounting Group of Public Services and Procurement Canada.

The investigation determined that several fraudulent transactions took place at Gander Aviation between January 2015 and November 2018. The Mounties did not further disclose how the fraudulent transactions allegedly took place or what position Templeman held within the private aviation company located at the Gander International Airport.

Former accountant charged with fraud

On December 10, the RCMP charged Templeman with one count of Fraud Over $5,000 and explained that the charge ‘includes the numerous frauds over the three-year period’ at Gander Aviation. The 48-year-old is scheduled to appear in court on March 9, 2021.

On June 19, 2019, Templeman has been temporarily suspended from his membership with the Chartered Professional Accountants (CPA) Newfoundland and Labrador.

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