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    Placeline/People
    City Vaughan
    Country Canada

    Two Calgary men each sentenced to 12 years for Ponzi scheme

    Calgary men Gary Sorenson and Milowe Brost have been sentenced to 12 years in prison for one of the largest Ponzi schemes in Canadian history. More than 2,400 investors lost a total of between $100 million and $400 million. 
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    Information
    Source name: 
    The Canadian Press
    Unique identifier: CP14630914 
    Legacy Identifier: n_CRIME-Ponzi-Scheme20150728T1430 
    Type: Video 
    Duration: 1m21s 
    Dimensions: 1280px × 720px     150.63 MB 
    Create Date: 7/28/2015 2:30:00 PM 
    Display aspect ratio: 16:9 
    Tags
    Bahama Resource Alliance
    Base Metals Corp
    Calgary court
    Calgary Ponzi scheme
    Canadian Ponzi scheme
    Gary Sorenson
    gold scam
    investment fraud
    investment scam
    Merendon Mining Corp
    Milowe Brost
    Ponzi scheme
    Strategic Metals Corp
    Syndicated Gold Depository