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	<title>MultiMontreal.com &#187; Eral jones fraud</title>
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		<title>Earl Jones arrested in Montreal for Fraud</title>
		<link>http://multimontreal.com/blog/2009/07/earl-jones-arrested-in-montreal-for-fraud/</link>
		<comments>http://multimontreal.com/blog/2009/07/earl-jones-arrested-in-montreal-for-fraud/#comments</comments>
		<pubDate>Mon, 27 Jul 2009 22:26:00 +0000</pubDate>
		<dc:creator>Ramy M.</dc:creator>
				<category><![CDATA[News in Montreal]]></category>
		<category><![CDATA[Bertram Earl Jones]]></category>
		<category><![CDATA[Earl Jones]]></category>
		<category><![CDATA[Earl Jones scam]]></category>
		<category><![CDATA[Eral jones fraud]]></category>

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		<description><![CDATA[A Canadian financier who investors say swindled them out of as much as $50 million in a so-called Ponzi scheme has turned himself in to police and will appear in a Montreal court on Tuesday. Bertram Earl Jones, who found his mostly elderly and retired clients through word of mouth, is accused of running a [...]]]></description>
			<content:encoded><![CDATA[<p>A Canadian financier who investors say swindled them out of as much as $50 million in a so-called Ponzi scheme has turned himself in to police and will appear in a Montreal court on Tuesday.</p>
<p>Bertram Earl Jones, who found his mostly elderly and retired clients through word of mouth, is accused of running a scheme similar to the one that landed U.S. fraudster Bernard Madoff in jail for life. He turned himself into Quebec provincial police on Monday.</p>
<p>&#8220;He presented himself to police this afternoon, accompanied by his lawyer,&#8221; police in the French-speaking Canadian province said in a statement on Monday.</p>
<p>Most of the investors who say they were conned by Earl Jones were from the French-speaking province of Quebec, but there were others from elsewhere in Canada and the United States, Quebec&#8217;s securities regulator &#8211; Autorite Des Marches Financiers &#8211; said last month.</p>
<p>The alleged scam was discovered after investors went to authorities to complain checks issued by Earl Jones were bouncing, and the financier was not answering his phone.</p>
<p>Earl Jones disgust me. So many people saved all of their money for retirement and this guy has the guts to steal from them. Very sad&#8230;</p>
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