Alberta
Husband and wife charged in multi-million dollar Ponzi scheme
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March 23, 2021
Alberta RCMP Federal Policing charge husband and wife in multi-million dollar Ponzi scheme
Calgary – Following a referral from the Alberta Securities Commission (ASC), the Alberta RCMP Integrated Market Enforcement Team (IMET) investigated fraud allegations against a husband and wife operating several companies identified as Vesta Capcorp Inc. and Vesta Equity Partners in Calgary. What was discovered to be a Ponzi scheme resulted in the loss of millions of dollars for various investors between Feb. 2014 and Sept. 2016.
Following an extensive investigation, Brian Kitts, 65, and Shannon Kitts, 55, of Summerland, British Columbia have each been charged with the following:
- Fraud over $5,000 contrary to Section 380(1)(a) of the Criminal Code;
- Theft over $5,000 contrary to Section 334 of the Criminal Code; and
- Laundering the Proceeds of Crime contrary to Section 462.31 of the Criminal Code.
Brian and Shannon Kitts are scheduled to appear in Calgary Provincial Court on Apr. 12, 2021.
The Alberta RCMP was able to successfully carry out this investigation in collaboration with the Forensic Accounting Management Group, Financial Transactions and Reports Analysis Center of Canada, Public Prosecution Service of Canada and Specialized Prosecutions of the Province of Alberta, the ASC, and the Federal Bureau of Investigation.
“Unfortunately, the victims sustained substantial losses as a result of their investment within the Ponzi scheme they believed to be legitimate. The RCMP IMET urges investors to remain vigilant with their investment by performing due diligence.”
– Inspector Charlene O’Neill, Officer in Charge of the Alberta RCMP Integrated Market Enforcement Team.
The IMET is a specialized unit under the RCMP Federal Policing program that detects, investigates, and deters market fraud. The IMET unit works closely with the ASC to protect investors and further enhance confidence in the Canada’s capital markets.
With March being Fraud Prevention Month, Albertans are reminded to remain aware of potential scams, conduct their due diligence with investments, and report suspected criminal acts to law enforcement. If you have information with respects to a market-related fraud, you are asked to contact IMET at [email protected].
Alberta
Alberta Coordinating law enforcement to fight fentanyl
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Alberta’s government is working with municipalities to tackle social disorder arising from the fentanyl crisis by aligning community peace officers with local police.
Enhancing law enforcement coordination between the province and municipalities is crucial to strengthening enforcement efforts in the ongoing fight against fentanyl and the illicit drug trade. A more unified response among law enforcement agencies is crucial to effectively and efficiently addressing the fentanyl crisis and its devastating effects on Albertans.
At the request of the provincial government, more than 800 community peace officers from 34 large- and mid-sized municipalities will immediately begin coordinating operations with local police to more effectively combat social disorder stemming from the use of illicit drugs, including deadly fentanyl.
“We know a law enforcement presence will make a difference. Fentanyl continues to endanger the lives of Albertans and is devastating to families and communities. Crisis demands immediate and unified action. By aligning the efforts of community peace officers and local police, we are ensuring a coordinated, team response to combat the illicit drug trade to improve public safety. When community peace officers and local police work together in integrated street patrols, we create a visible and unified front against crime.”
“It takes a team effort to tackle the fentanyl crisis. Every level of government has a role to play. Working together with our municipal partners will ensure we can address this crisis, improve public safety for Albertans and combat fentanyl, which has destroyed families and livelihoods.”
Unifying the operational command of community peace officers under the leadership of municipal police services and the RCMP in the fight against fentanyl will make strides towards safer Alberta communities. Additionally, an increase in law enforcement boots on the ground on Alberta streets will create the operational consistency needed to more effectively combat illicit drugs, crime and social disorder. Closer operational alignment between police and community peace officers is a key part of the Alberta government’s approach to confronting urgent public safety issues with strong, cohesive law enforcement across all Alberta municipalities.
This measure is in response to the province stepping up to work collaboratively across all levels of government to address concerns around fentanyl trafficking and border security. Given the complexity and severity of these issues, municipalities have been asked to implement operational alignment to their community peace officer programs immediately. Alberta’s government appreciates the support of municipalities to tackle these growing concerns together through swift and collaborative action.
“Tackling the fentanyl crisis is critical for supporting healthy communities, and for defending Canada’s economic interests during tariff negotiations. Edmonton has been building a collaborative public safety environment for a long time, and we will continue to look for opportunities to collaborate to keep our city safe.”
“Calgary is fully aligned with the province in tackling the complex and devastating drug crisis, and we have led the way with a strong, unified response for the last several years. We recognize the severity of this issue and the critical need for continued collaboration and coordination between Calgary Police Service and our Community Peace Officers. Our integrated approach has amplified our collective impact on public safety.”
Visible officer presence matters and by having community peace officers and municipal police work together in integrated operations, Alberta’s government is bolstering the law enforcement presence that effectively deters criminals and illegal activity. When community peace officers and municipal police work together in integrated street patrols, it will create a visible and unified front against crime.
“The Alberta Association of Chiefs of Police (AACP) reaffirms its unwavering commitment to collaborating with the Province of Alberta to aggressively address the urgent challenges related to fentanyl use/trafficking, including the increased crime and disorder associated with it. The AACP supports strong collaboration and cooperation between the police of jurisdiction and municipal peace officers in an integrated response to public safety concerns. The AACP remains steadfast in its commitment to working together on pressing public safety issues.”
“Alberta Municipalities is pleased to work with the provincial government on this important initiative. Our member communities welcome the opportunity to contribute to a unified approach to tackling drug trafficking and drug use.”
“Alberta’s mid-sized cities are proud to participate in this joint effort. By enhancing law enforcement coordination, we are confident we will create a more effective system that keeps our communities and citizens safe while making real progress on reducing crime and social disorder. We thank the Government of Alberta for working side-by-side with municipalities and ensuring close collaboration on the issues that matter most to our residents.”
The province will monitor the effectiveness of these changes in improving public safety to ensure the best path forward.
Quick facts:
- In mid-February, the minister of public safety and emergency services sent formal letters to 34 municipalities requesting that they immediately begin working with police leadership to align or unify the operational command of their community peace officer programs under the leadership of their police of jurisdiction.
- Municipalities were requested to implement these changes by Feb. 24, 2025.
- There are currently 806 peace officers employed in large and mid-sized municipalities across Alberta.
Alberta
Appointment of Archbishop Smith as the next Archbishop of Vancouver
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News release from the Catholic Archdiocese of Edmonton
Pope Francis has appointed Most Reverend Richard W. Smith as the next Archbishop of Vancouver. The Vatican made the announcement earlier today.
“I am grateful to His Holiness for the confidence placed in me to assume this new mission, and ask for the assistance of your prayers,” Archbishop Smith said in a letter to the clergy and the Catholic faithful of the Archdiocese of Edmonton.
“By God’s grace, I have had the extraordinary privilege to serve as your Bishop for nearly eighteen years. I am thankful beyond words for the many occasions we have had to work together in our portion of the Lord’s vineyard. Within my heart I hold a particular appreciation for the priests, deacons, and consecrated women and men with whom I have enjoyed a close collaboration.”
Archbishop Smith will remain in office until his formal installation, which will likely take place in the latter part of May. Additional details will be announced at a later date.
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