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RCMP charge two men for fraud, Halifax, N.S.

RCMP have charged two men in relation to a company associated with the CanGlobe Group of Companies.

In April 2009, Halifax RCMP Financial Crime received and began investigating a complaint that individuals had been approached and encouraged to invest monies into a bridge financing scheme involving entities associated with the CanGlobe Group of Companies.

The victims were informed they would receive high interest rates in a specified time period. In all cases, the interest rates and the promised return dates of their funds didn’t materialize. In consultation with Public Prosecutions Services, charges are pending against two individuals. The total of the alleged fraud is about 1.5 million dollars.

Douglas George Rudolph, 48, and Peter Arthur Donaldson Mill, 73, are each facing sixteen charges of Fraud Over $5,000 – Sec 380(1) (a) CC. The accused are scheduled to appear in court April 2nd, 2014.

Source: Release

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