Financial adviser arrested in fraud investigation
Posted January 14, 2010 9:01 am.
This article is more than 5 years old.
Financial adviser Weizhen Tang, who’s accused of orchestrating a “Ponzi scheme” that allegedly defrauded investors of tens of millions of dollars, is back in Canada.
Police said Tang was arrested Wednesday night when he returned to Toronto from China.
He is accused of defrauding more than 100 victims in Canada, the U.S. and China of about $30-million.
Tang has maintains his innocence.
