Police are laying charges against an Edmonton man in a case of fraud worth $3 million.
The transactions are alleged to have happened over a five-year period between 2004 and 2008 at an Edmonton branch of HSBC.
Police allege that 61-year-old Theodore Franklin Glade, a former employee, used a range of methods to divert the money into accounts controlled by himself and his life partner, 59-year-old Edmund Leonardo.
The frauds were picked up through HSBC’s internal controls.
Glade was arrested earlier this month, while a Canada-wide warrant has been issued for Leonardo, who is known to frequent the Greater Vancouver area, or could have gone to his birth country, the Philippines. (kdr)