Monday, December 12, 2016

A scammer sent to jail.

It's very hard to find out that your hard earned savings have disappeared. Especially when the culprit shows no remorse. I'm glad to see there is a jail term.

We lost a small investment when LEAGUE crashed in Victoria BC luckily it wasn't our everything. The two men that started LEAGUE are out and free which irks many people. Especially those who lost their entire retirement savings.

"An Edmonton businessman convicted of fraud has been sentenced to seven years in prison and ordered to pay more than $2 million in restitution to his victims."

The judge's written decision also noted that evidence established Iyer bought a family residence in his wife's name, bought expensive vehicles and travelled in an extravagant lifestyle. All of those purchases were paid for with money given to Trident by the investors.

Justice Andrea Moen noted that Iyer showed no remorse, steadfastly maintained his innocence and never tried to pay restitution." Read more here

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