Calgary RCMP charge two Calgary Real Estate Developers with fraud and theft

Police note over 800 investors across Alberta affect ted by this fraud totalling about $33 million

  • Jun. 10, 2016 3:00 p.m.

Editor’s note: As this fraud affected hundreds of people across Alberta, it’s being placed here as local readers may be affected, or know someone who is affected.

Submitted by RCMP K Division

In March 2012, the Calgary RCMP entered into an investigation involving allegations of investment fraud at the Bridgecreek Development Corporation.

The alleged offences pertain to the unlawful diversion of investor funds raised by Bridgecreek Development Corporation for a proposed real estate development at Crowsnest Lake in the Municipality of Crowsnest Pass, Alberta in 2006 and 2007.  The financial loss to investors exceeded $33 Million.

Due to the scope and complexities of the investigation, which has affected more than of 800 investors throughout Alberta, RCMP received assistance from the Forensic Accounting Management Group (FAMG), a division of Public Services and Procurement Canada.   Further support was provided by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and the United States Federal Bureau of Investigation (FBI).

We have now concluded our investigation and charges have been sworn.

William Lloyd BRADLEY, (M) 68, and Colin Joseph BECKER (M) 49, both of Calgary, Alberta, have been jointly charged with committing fraud and theft contrary to sections 380(1)(a) and 334(a) of the Criminal Code of Canada. BECKER and BRADLEY were Officers and Directors of Bridgecreek Development Corporation at the time the offences occurred.

William BRADLEY and Colin BECKER have been released from custody and will be making their first court appearance in Calgary on August 11th, 2016.

 

Just Posted

Wetaskiwin RCMP arrest two in Camrose after report of suspicious persons

Fugitives try to flee on ATVS, one allegedly steals police car

Wetaskiwin RCMP Investigate Aggravated Assault

Natasha Bull, 33, has been arrested

County of Wetaskiwin approves small land purchase

Total of $350 worth of land for road upgrade project

Pasta this week with optional sauces

Red or white pasta sauce recipes included

County: Louis Bull Tribe must send us more info

In 2017, tribe requested county taxpayers build $11 million overpass

QUIZ: How much do you remember about Woodstock?

Weekend music festival in Bethel, New York, was held 50 years ago

Advocates ‘internationalize’ the fight to free Raif Badawi from Saudi prison

Raif Badawi was arrested on June 17, 2012, and was later sentenced to 1,000 lashes and 10 years in jail for his online criticism of Saudi clerics

Canada ‘disappointed’ terror suspect’s British citizenship revoked

Jack Letts, who was dubbed “Jihadi Jack” by the U.K. media, has been detained in a Kurdish prison for about two years

Chrystia Freeland condemns violence in Hong Kong, backs right to peaceful assembly

There have been months of protests in the semi-autonomous region

‘It’s just the freedom:’ Paralyzed Broncos player pursuing life on the water

The former Humboldt Broncos goaltender, who started in the net when he was nine, was paralyzed last year

Central Alberta Buccaneers punch ticket to AFL Final

28-20 win over Fort Mac sets up likely date against Calgary Wolf Pack

Canadians killed in Afghanistan honoured during emotional dedication ceremony

One-hundred-fifty-eight Canadian soldiers died during the mission

Discussion on grief and loss between Stephen Colbert, Anderson Cooper goes viral

The exchange includes emotional question from Cooper, and outlook on grief as a child

Toronto activist calling on federal parties to nominate more black candidates

Fewer than 20 black Canadians have been nominated so far, including some Liberal MPs seeking re-election

Most Read