A Vancouver Island man who ran a multi-million-dollar Ponzi scheme in Ontario has been banned from B.C. s financial markets by the provincial securities regulator.
April 1: Ontario Provincial Police have found three-year-old Jude Walter Leyton after a three-and-a-half-day search. The OPP said Jude is “alive and well … in…
April 1: Ontario Provincial Police have found three-year-old Jude Walter Leyton after a three-and-a-half-day search. The OPP said Jude is “alive and well … in…
April 1: Ontario Provincial Police have found three-year-old Jude Walter Leyton after a three-and-a-half-day search. The OPP said Jude is “alive and well … in…
Author of the article: Susan Yanagisawa
Publishing date: Apr 28, 2021 • April 28, 2021 • 3 minute read
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Seventeen months after a personable former-waiter-turned-self-styled-investment-guru was sent from a Kingston courtroom to prison for operating the multimillion-dollar Ponzi scheme that was Next Level Investments (later Next Level Capital Group), the case has finally concluded with an order of forfeiture for just over $500,000 held in the account of one of a minority of individuals who actually received dividends.
The investor, Margo Gould, was an early client of the company, and she initially opposed the application by the Ministry of the Attorney General for forfeiture of a bank account, already frozen by investigators, where she’d sequestered her Next Level earnings.