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Calgary man charged in $164M Ponzi scheme: RCMP

Liquidators say documents and bank statements suggest John Adams used client funds to hide mortgage dealings and funnel money through AMS Ivanhoe Lawyers.

Summary by meridiansource.ca
A 49-year-old Calgary man faces fraud and money laundering charges in connection with an alleged $164-million Ponzi scheme… The post Calgary man charged in $164M Ponzi scheme: RCMP first appeared on Meridian Source.

5 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

‘Ponzi scheme’ founder’s ominous message to wife, and the missing folder that could reveal ‘everything’

Days before his death, John Adams told his wife what to do if anything ever happened to him.

·North Sydney, Australia
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meridiansource.cameridiansource.ca

Calgary man charged in $164M Ponzi scheme: RCMP

A 49-year-old Calgary man faces fraud and money laundering charges in connection with an alleged $164-million Ponzi scheme… The post Calgary man charged in $164M Ponzi scheme: RCMP first appeared on Meridian Source.

·Lloydminster, Canada
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Bias Distribution

  • 75% of the sources lean Left
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meridiansource.ca broke the news in Lloydminster, Canada on Sunday, September 6, 2026.
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