Calgary man charged with fraud in alleged $164 million ponzi scheme
Mounties have charged a Calgary man with defrauding 1,000 people of more than $164 million in what they’re calling a multi-faceted ponzi scheme. A year ago, Craig Michael Thompson was sanctioned by the Alberta Securities Commission (ASC) for the ploy and fined $8.8 million for penalties and costs in what was described as a $150 […]
We haven't written up this one. Calgary Herald has the full story — the link below goes straight to it.
