The appellant, a businessman, received goods from suppliers on credit or in return for post-dated cheques.
He sold the goods and used the proceeds to gamble, believing his system would allow him to win and repay his suppliers.
He eventually went bankrupt, leaving the suppliers unpaid.
He was convicted of fraud.
The Supreme Court of Canada dismissed his appeal, holding that accepting goods without concern for payment and diverting the funds to a notoriously risky enterprise like gambling constitutes dishonest conduct amounting to 'other fraudulent means' under the Criminal Code, and that the appellant subjectively knew his conduct put his creditors' pecuniary interests at risk.
