Man charged with real estate fraud

by |
A man from Lethbridge has had new charges brought against him over alleged breaches of securities laws relating to money raised from investors in real estate companies. The Calgary Herald reports that Ronald James Aitkens will appear in on May 13 for a date to be set for a hearing into fraud and other charges. The Alberta Securities Commission’s allegations are that Aitkens improperly diverted funds from certain companies to others that he controlled and made misleading statements. The allegations haven’t been proven. Read the full story.

Broker news forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Name (required)
Comment (required)
By submitting, I agree to the Terms & Conditions