High River, Alberta – In 2011, several residents of the High River area complained to the RCMP that they had been victims of an investment fraud. RCMP High River Detachment began a lengthy and complex investigation into a series of investments that occurred between 2009 and 2011. In 2013 the investigation was transferred to the RCMP Serious Crimes Branch. The allegation can be described as a “Ponzie Scheme” that involved numerous victims who invested money for a total value at over one million dollars.
On February 10, 2015 RCMP located and arrested James Macleod in Nanaimo, British Columbia. 47 year old James Macleod, formerly of High River, Alberta, has been charged with the following offences:
- theft over $5000 S.334(a) CC
- fraud over $5000 S. 380(1)(a) CC
James Macleod is scheduled to appear in Provincial Court in Calgary on Thursday February 12, 2015 for a bail hearing.
The RCMP are requesting anyone with information about these investments contact the RCMP Alberta Serious Crimes Branch directly at 403-420-4950.