Profits of $8.3 Million Ponzi Scheme in Canada Being Recovered by Court Order

The British Columbia Supreme Court ruled to collect illegal profits obtained from a multi-million dollar Ponzi scheme in order to repay the victims.

The fraud scheme in question was operated continuously for a total of 12 years, from 2008 to 2020. At the end of this period, 84 investors lost a total of more than $8.3 million. The court declared the…