Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Canadian independent financial adviser arrested

By Cristian Angeloni, 15 Nov 19

For allegedly defrauding 24 investors of C$2m

Former boss of Chinese insurer Anbang jailed for 18 years

A Canadian financial adviser has been arrested and charged with fraud after conning victims out of over C$2m (£1.1m, $1.5m, €1.3m), the police allege.

Vincent John Mullee, resident of Saskatoon in central Canada, was taken into custody following a joint investigation between the local police and the Royal Canadian Mounted Police (RCMP).

The investigation started in June 2018 when Canada’s Financial and Consumer Affairs Authority (FCAA) started looking into the former adviser and his business.

There were 24 victims: 13 local and 11 from the Saskatchewan and British Columbia.

Mullee was arrested and charged with criminal breach of trust, fraud and laundering proceeds of crime on 13 November 2019.

He appeared in court on 14 November and is expected to make a second appearance on 28 November 2019.

Tags: Fraud

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Latest news

    New sustainable model portfolio service for UK financial advisers launches

    A while house on a ladder, problems of getting onto housing ladder

    Latest news

    Government’s new property ISA plans divide industry experts

  • Latest news

    Novia Global welcomes FCA proposals to strengthen standards in SIPP Market

    Inheritance tax written under torn paper.

    Latest news

    Annuity demand quadruples among over-75s as IHT changes loom


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.