From living in his car to time behind bars: Halifax accountant jailed over $1.5-million fraud

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The disgraced Halifax accountant who went from racking up tens of thousands of dollars a month on his credit card to living in his car is now spending some ...

SaltWire's Atlantic regional weather forecast for October 3, 2023 | SaltWireThe disgraced Halifax accountant who went from racking up tens of thousands of dollars a month on his credit card to living in his car is now spending some time behind bars.

As part of the sentence, he had to give up a DNA sample for a national police database and is banned for life from work or a volunteer gig where he has authority over property or money.used his position as the company’s accountant to carry out the fraud The fraud was discovered in June 2020. Windmark engaged an independent accountant a month later to review the transfers. The company launched a civil suit against Stacey that August and called in the police.Police laid criminal charges in March of 2021.Stacey initially defended the lawsuit, saying he’d been acting on instructions from the company’s owner, Buckle said.

“His personal expenses increased in 2018 and 2019 up to approximately $20,000 a month,” said the judge. “Those statements speak to the financial, reputational and emotional impact of this offence,” Buckle said.

Source: Loan Digest (loandigest.net)

 

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