Investment Planning Counsel’s financial advisor Graeme Burns arrested for fraud in Whitby

Durham Regional Police have arrested a financial advisor who is alleged to have defrauded several victims while acting on their behalf.

Officers began the investigation following a complaint to the employer of the accused, Investment Planning Counsel in Whitby. Several other clients came forward regarding the status of their investments, leading to the arrest of the accused.

Graeme BURNS, age 38, of Bowmanville, is charged with Defraud the Public, Fraud Over $5000 x15, and Utter a Forged Document.

The Investment Planning Counsel continues to participate in the ongoing investigation to ensure their clients are not victimized. It’s estimated the total loss is $1.6 million.

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