< Former Calgary lawyer Floyd Campbell faces up to two years in jail for theft | Canadian Fraud News Inc. | Fraud related news | Fraud in Canada

Former Calgary lawyer Floyd Campbell faces up to two years in jail for theft

The prosecution wants former Calgary lawyer Floyd Campbell to spend 18 to 24 months in jail for his role in a real estate scheme that swindled investors out of millions of dollars.

Campbell stole $225,000 from an investor to help finance a fledgling development in Mexico. The money was supposed to be held in Campbell’s trust account.

He was originally charged with 30 counts of fraud and theft but pleaded guilty to just one count of theft involving the $225,000 from SWA Holdings Inc.

Campbell’s lawyer argued for a conditional sentence that would include house arrest, probation and community service work.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.