Port Williams man to be sentenced on investment fraud charges

Kirk Starratt kstarratt@kingscountynews.ca
Published on April 10, 2015

During the third day of testimony in an attempted murder trial in Kentville, one witness described the accused striking the alleged victim in the head with a hammer.

©Kirk Starratt

KENTVILLE - A Port Williams man charged in connection with an alleged multi-million dollar banking and investment fraud has pleaded guilty to three counts.

Gregory Paul Burden, 65, appeared in Kentville provincial court on April 9 and changed his election from Supreme Court judge alone to provincial court. Burden pleaded guilty to three counts of fraud over $5,000. The Crown consented to an adjournment until Oct. 6 to allow time for a pre-sentence report to be prepared and for sentencing.

The court heard that an agreed statement of facts would be filed before the sentencing date.

The 12 remaining charges against Burden, a dozen counts of using forged documents as if they were genuine, have been adjourned to Oct. 6 for disposition.

The three counts of fraud were committed in Kentville between Sept. 26, 2006, and April 5, 2012. One involved the Royal Bank of Canada and the other two involved individuals. Burden submitted fraudulent financial statements and reports.

The charges against Burden were laid in November 2013. This followed a 16-month investigation into an allegation of banking and investment fraud against the Royal Bank by two Nova Scotia companies owned and operated by Burden.