Thursday, 03 September 2026
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Canada News from Canada · WORLD EUROS
Nº 54 Thursday, 03 September 2026
Crime

Calgary man charged with running $164M Ponzi scheme involving more than 1,000 victims

Calgary man charged with running $164M Ponzi scheme involving more than 1,000 victims
Sources: Global News

A Calgary man is accused of stealing investment funds from more than 1,000 people in an alleged $164-million fraud and money laundering Ponzi scheme over the course of four years.

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