OPP lay multiple financial fraud charges against Sudbury man 0
Members of the Ontario Provincial Police (OPP) James Bay Detachment Crime Unit and OPP Anti-Rackets Branch have completed an investigation involving a series of investments made on behalf of clients.
The investigation involved the use of funds provided by clients of Phoenix Financial Group Incorporated in the Cochrane, Iroquois Falls, and Kapuskasing areas between the years 1999 and 2003.
On Friday October 26th, 2012, police charged James Wilson aged 48 years of Sudbury, Ontario with ten (10) counts each of Fraud and Misappropriation of Funds, contrary to the Criminal Code of Canada. The charges relate to a period of time when the accused was the owner of Phoenix Financial Group, which was based in the Cochrane area.
Mr Wilson was released from custody and will appear in court at Cochrane, Ontario on November 26th, 2012.