Financial consultant makes court appearance

A Calgary financial consultant who has been charged with bilking investors out of more than $335,000 made a brief appearance in court on Friday. Commercial crime investigators with the Calgary RCMP allege the accused, 44, misappropriated cash and forged numerous portfolio statements within a one-year period.

The accused faces 47 charges of fraud and theft under the Criminal Code. At least 17 people are alleged to have been scammed.

An agent for defence lawyer Patrick Fagan asked a provincial court judge for the matter to be put over for three weeks, allowing them time to review the charges. the accused has not yet retained Fagan on the matter.

He will be back in court on Nov. 15.