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A former Niagara Falls accountant who defrauded people upwards of $75,000 has been ordered not to engage in any business that involves handling money on behalf of others.
Terry Whitehead appeared in court in Welland, Ont. on Friday and was given an 18-month conditional sentence on a charge of fraud over $5,000.
The 70-year-old man will be under house arrest for the first nine months of his sentence. Whitehead is not going to jail because he has provided full restitution to his victims, according to assistant crown attorney Tim Hill.
Whitehead pleaded guilty to the fraud charge in November 2016 and sentencing had been postponed so that the defendant could raise enough funds to pay back his victims.
He worked as a book keeper for a businessman who owns several Tim Hortons franchises. Whitehead has worked as an accountant for more than 40 years.
Read more at Niagara Falls Review