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Officer to be tried for alleged fraud |
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November 15, 2005 |
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A Calgary police officer accused of bilking other officers out of their money has been ordered to stand trial. |
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Provincial court Judge Gerald Meagher has found that the Crown has enough evidence against Kirk Lawrence McCallum to proceed on both the theft and fraud over $5,000 charges. |
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It's alleged the staff sergeant duped six officers out of their money in 2003 through a ponzi scheme, in which money from new investors is used to pay earlier ones |
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McCallum, whose most recent posting was as staff sergeant for District 3, is on paid leave pending the outcome of the case. |
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In the meantime, Daryl Heiligsetzer -- the other individual charged in the ponzi scheme -- pleaded guilty and was handed a seven year prison term in July. |
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McCallum will set a trial date in January at Court of Queen's Bench. |
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© The Calgary Herald 2005 |
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Cop stands trial for ponzi scheme |
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November 08, 2005 |
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Fraud - A preliminary hearing got underway in provincial court on Monday for a Calgary police officer. accused of bilking other cops out of their money. |
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It's alleged Staff Sgt. Kirk McCallum duped six officers out of their money in 2003 in relation to a ponzi scheme -- where money from new investors is used to pay earlier ones. |
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There is a publication ban on any details from the hearing.McCallum, whose most recent posting was as staff sergeant for District 3, is currently on paid leave pending the outcome of the case. |
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At the end of the two week hearing, Judge Gerald Meagher will determine if there is enough evidence for the accused to stand trial on the charges of theft and fraud over $5,000. |
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In the meantime, Daryl Heiligsetzer -- the other individual charged in the ponzi scheme -- pleaded guilty and was handed a seven-year prison term in July. |
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| © The Calgary Herald 2005 | |
