52-year-old Calgary man, Marc St. Pierre, charged with embezzling nearly $5M from clients over six years as a senior financial adviser in Red Deer.

52-year-old Calgary man, Marc St. Pierre, faces criminal charges for allegedly embezzling nearly $5 million from clients over a six-year period while working as a senior financial adviser in Red Deer. St. Pierre is accused of stealing funds from client accounts and depositing them into his own accounts, with 16 victims identified in the Red Deer area suffering combined losses of nearly $5 million. St. Pierre was fired by ATB Securities in 2021 following an internal investigation, and charges include fraud over $5,000 and theft over $5,000.

April 25, 2024
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