St. Albert man accused of defrauding investors for 5 years

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

A  man whose company offered second mortgages to investors has been charged with 83 counts of fraud following an RCMP investigation. Police say the man’s company offered second mortgages to investors between 2008 and 2013. According to the Alberta Securities Commission, the man paid millions of dollars in returns to investors from funds provided by new investors. He was fined by the ASC in late 2015.

By: Angela Walker
Read the full article on: CBC News