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Ponzi scammer sentencing next month

A former Kamloops financial planner who admitted to duping eight of his clients over a five-year period will have to wait nearly a month to learn his fate.

Ed Chieduch is slated to return to Kamloops provincial court for sentencing on June 7.

Earlier this year, he pleaded guilty to one count of fraud over $5,000 — a charge covering eight separate offences between 2005 and 2010.

The 58-year old had his licence yanked by the Insurance Council of B.C. in 2010 after fraud allegations first came to light.

He was charged criminally last spring.

Chieduch remains out of custody.

 

 
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