Sentencing decision for fraud over $5,000 involving a $200,000 investment fraud against a close friend.
The court emphasized denunciation and deterrence, particularly where the offender exploited a personal relationship and failed to show remorse or make restitution.
A conditional sentence was rejected as inappropriate given the magnitude of the fraud and lack of mitigating factors.
The court imposed a custodial sentence, probation, and a restitution order, but declined the Crown’s request for a fine in lieu of forfeiture intended to compel payment of restitution.