Calgary fraudster convicted in Ponzi scheme worth millions to be sentenced

A Calgary man who helped run a Ponzi scheme that stole more than $27 million from multiple investors between 2014 and 2015 is expected to learn his sentence later this week.

Arnold Breitkreutz was charged in May 2018 with fraud over $5,000 and theft over $5,000 in connection with the activities of a company called Base Finance Ltd.

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