| A year after being sentenced for orchestrating one of Canada’s largest Ponzi schemes, Charles DeBono is free on day parole. When arrested in his bolthole in the Dominican Republic in 2020, the fugitive was so distraught that he said “they would have to kill” him before he’d go back to Canada. He even tried to wrap one of his shoelaces around his neck to convince folks he was serious. DeBono, 64, was the architect of Debit Direct, an 'investment opportunity' that supposedly provided debit terminals to small businesses. 515 people were duped out of $56 million by a shameless conman in a classic Ponzi scheme. After a four year investigation and prosecution, DeBono was sentenced to seven years, which was cut to just over four years after credit for pre-sentence custody. DeBono was also ordered to pay nearly $29 million in restitution to victims. Cops found $1.5m. |
Wednesday, July 12, 2023
Charles DeBono free 1 year after $56m steal
Subscribe to:
Post Comments (Atom)
Damiano Dipopolo out of HAMC in bad - thief
Former Kelowna president Damiano Dipopolo and vice-president Lester Jones were kicked out of the HAMC in bad standing for pilfering club f...
-
As of June 2025, Necati Arabacı remains at large, with no active efforts reported by Turkish authorities to extradite or investigate him. ...
-
Former Kelowna president Damiano Dipopolo and vice-president Lester Jones were kicked out of the HAMC in bad standing for pilfering club f...
-
It started with a tip from the Australian Border Force in August 2021. 556kg of meth was found in a rotary separator airfreighted from the P...
No comments:
Post a Comment