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Olympian who disappeared in 2015 has turned himself in, faces fraud charges

A Victoria financial investor and former Canadian Olympic rower who disappeared in 2015 has turned himself in to police.

Harold Backer, 52, disappeared on Nov. 3, 2015 after telling his family he was going out for a bike ride. In letters later sent to his clients, Backer admitted to running a “pyramid investment.”

Mutual Funds company Invest Financial Services Inc. terminated his licence after his disappearance. He was held in custody overnight and is facing two counts of fraud over $5,000.

Read more at National Post

This article is summarized by Canadian Fraud News Inc.