A month before the ASC charged the Peers team in Edmonton with fraud, the Calgary RCMP Integrated Market Enforcement Team charged a father and daughter in Calgary with fraud and theft over ,000.
He previously spent two years in jail after the ASC pursued fraud charges against him.Now, if the RCMP charges lead to a conviction, he might end up back in jail – and this time his daughter could go, too.In this case, perhaps, families that prey together, stay together.Associate editor Geoffrey Morgan keeps an ear to the ground for business related fraud in Alberta so you don't have to.Follow him at @geoffreymorgan on Twitter or email him at [email protected] counts as family values, anyway?
On July 20, an Edmonton businessman and his son were charged with breaking Alberta’s securities laws.
Jeremy Peers (he goes by Jay) was charged with 33 counts, and his son Robert Peers with one of breaching the .
The Alberta Securities Commission alleges Jay perpetrated a fraud on Albertan investors by transferring investor funds without any investment documentation.
The securities breaches relate to the father-and-son duo’s alleged involvement in trading Federal Mortgage Corp.
and Peers Foster Kristiansen securities between 20.
The allegations will first be heard in a court date scheduled for August 30.