Saturday, 30 May 2015
Last updated 1 day ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…