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Calgary man charged with fraud in alleged $164 million ponzi scheme

Calgary Herald · September 1, 2026 at 12:07 p.m.

Mounties have charged a Calgary man with defrauding 1,000 people of more than $164 million in what they’re calling a multi-faceted ponzi scheme.

A year ago, Craig Michael Thompson was sanctioned by the Alberta Securities

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Calgary man charged with fraud in alleged $164 million ponzi scheme

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