Escorted by police, financial adviser Earl Jones, centre, accompanied by his lawyer Jeffrey Boro (left), leaves an office tower in Montreal, Monday, July 27, 2009. Jones is suspected by Quebec securities regulators of bilking clients out of as much as $50 million. (Graham Hughes /THE CANADIAN PRESS)
From The Montreal Gazette:
Earl Jones, the man suspected of defrauding dozens of Montrealers of their life savings was arrested Monday at his lawyer's office, The Gazette has learned.
Jeffrey Boro said his client has been taken by police to Parthenais detention centre and will be arraigned Tuesday on several theft and fraud charges.
"He's pretty down," Boro said. "But he realizes he has to face up to this."
Read more ....
More News On The Arrest Of Earl Jones
Quebec provincial police arrest financial adviser Earl Jones -- Canadian Press
Financial adviser Earl Jones arrested -- CBC
Financier Earl Jones arrested for theft, fraud -- National Post
My Comment: This is a breaking story, we will have more updates tonight.