Police in Edmonton have charged two people in an alleged Ponzi scheme targeting residents of Alberta and B-C.
The department's financial crimes section says it became aware of the alleged scam in early 2020.
It says a man and a woman operating out of Kelowna and Edmonton were offering real-estate deals with a guaranteed return, under the company name Group Venture Inc.
Police say the two suspects, both aged 56, turned themselves in today and face 80 counts of fraud-over-five-thousand-dollars, as well as one count of money laundering.
