Accused ponzi schemer on trial for forgery
Posted Apr 14, 2011 8:02 am.
This article is more than 5 years old.
The forgery trial of a Calgary man also accused of being the mastermind behind a ponzi scheme has begun.
A Money Mart manager testified Thursday that a $34,000 cheque Milowe Brost tried to cash last November looked like it had been altered.
She told court she then called the Ontario Clean Water Agency, whose account the cheque was made to come out of.
The agency told her they never wrote the cheque, leading to Brost’s arrest.
He and Gary Sorenson are also accused of bilking investors out of as much as $400-million.