Thursday, July 16, 2009

The Earl Jones Scandal -- News Updates July 16, 2009

The plaque on the door of Earl Jones's office in Pointe Claire. Jones, who appears to have been running a Ponzi scheme, has disappeared with millions of dollars swindled from Montreal-area investors. Photograph by: Marie-France Coallier, The Gazette

Angry Clients Fume: Why No Arrest Warrant? -- The Montreal Gazette

Jones still missing; Police mum on who is leading investigation

No warrant has been issued for the arrest of Earl Jones, the disgraced West Island money manager.

Former clients of Earl Jones Consultant and Administration Corp. want to know why.

Jones is alleged to have operated a Ponzi scheme with money from friends, family and investors, fleecing them out of between $50 million and $100 million.

Yesterday, investigators from three police forces refused to answer any of The Gazette's questions about Jones:

Read more ....

More News On The Earl Jones Scandal

Earl Jones left seniors in ruin -- The Montreal Gazette
Where is Earl Jones? -- CTV
Montreal Adviser Ran C$50 Million Ponzi Scheme, Regulators Say -- Bloomberg
Que. financial adviser suspected of defrauding seniors. --
Investor tells how $1M vanished -- The Montreal Gazette
Is missing financier in the United States? -- The Globe And Mail

No comments: