Toronto Police Seek Accused Hedge Fund Fraudster

Apr 30 2008 | 7:17am ET

Canadian police are on the hunt for a man accused of defrauding investors of C$400,000 (US$395,000) in a hedge fund scam.

An arrest warrant for John Bygott was issued yesterday, the Globe and Mail reports. Toronto police allege he promoted a “high-yield hedge fund” to investors using phony documents; he faces seven counts of fraud and six counts of using a forged document.

Bygott is a former chairman of the Annex Residents’ Association, the volunteer neighborhood organization for one of Toronto’s more affluent sections, the Annex.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...