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Earl Jones arrested in Montreal

Investment advisor allegedly ran $50-million ponzi scheme

Monday, July 27, 2009 1:52pm - 0 Comments

Earl Jones, the disgraced investment adviser suspected of bilking dozens of clients out of as much as $50 million, has been arrested at his lawyer’s office in Montreal by police. Jones was reportedly taken to a local detention centre and is expected to be arraigned on Tuesday on theft and fraud charges.

The Gazette

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