A Sarnia father-son duo is charged with fraud after investors were promised a 900% return within a year thanks to Chinese royalty

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Investors were told they could expect a 900-per-cent return within a year, thanks to the involvement of Chinese royalty. And some believed it.

Now, a father-son duo from Sarnia is charged with fraud after police say two people posing as investment managers offered fake bonds and cheques and kept investors’ money for their “own gain.”

Police say one person lost more than $66,000 through one fake investment platform in which clients were told they could expect returns as high as 900 per cent in nine months. Police say clients were told the investments involved a Chinese royal family – which it appears doesn’t actually exist.

Clients were sent fake emails, pictures and bank certificates, police say. The men accused have lived elsewhere across North America and have “a history of similar incidents,” Sarnia Police say. Both have been released from custody as the investigation continues.

Anyone with information – or who may be concerned they, too, are victims – can call Det.-Const. Kent Jamieson at 519-344-8861 ext. 6221.

Clifford Baird, 73, and Timothy Baird, 52, are charged with fraud over $5,000 and conspiracy to commit and indictable offence.


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