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

Global News · Sep 1, 2026, 11:11 PM UTC

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

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