I hope some vigilantes find this guy...
Quebec's financial watchdog said based on information it has collected, Jones is suspected of diverting between $30 million and $50 million in investments belonging to about 50 investors.
The regulator believes most of the investors who are affected are residents of Quebec but said some could be from elsewhere in Canada and the United States.
Jones's business appears to resemble a Ponzi scheme, it said.
Recent news reports tell of people who had mortgaged their homes to get money for him to invest for them. Hmmmm. That sounds a bit risky to me. And they will now likely lose their homes as well as their retirement savings.