Former P.E.I. business owner disappointed with fraudster's sentence | SaltWire

Philippines News News

Former P.E.I. business owner disappointed with fraudster's sentence | SaltWire
Philippines Latest News,Philippines Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

A former P.E.I. resident says he is disappointed that the man convicted of defrauding his business didn't receive a longer jail sentence.

Gary and Amanda Katzen are the former owners of RedFox Flooring Warehouse in Charlottetown. They closed the business in October 2021 as a result of being defrauded out of thousands of dollars. Mark Christopher Raymer was sentenced on Jan. 10 in New Brunswick provincial court in Moncton to 18 months for fraud over $5,000 and ordered to pay $21,141 in restitution. - FileCHARLOTTETOWN, P.E.I. — A former P.E.I.

The offender – Mark Christopher Raymer, 39 – worked for the Katzens as a sales manager and bookkeeper.Raymer was sentenced on Jan. 10 in New Brunswick provincial court in Moncton to 18 months for fraud over $5,000 and ordered to pay $21,141 in restitution. "We had also hoped that he would be sentenced sooner, as this whole bad experience has been going on for way more than what we had anticipated," said Katzen.In 2018, Raymer was sentenced in P.E.I. Supreme Court to a total of six months in jail for two counts of fraud. In August 2020, Raymer was sentenced again in P.E.I. Supreme Court to a total of two years in federal prison for defrauding $34,238.10 from GNF Investments in Bedford, N.S., and $26,574.

Katzen said that Raymer committed the fraud by giving himself 59 refunds to his credit card account and then creating fake credit notes to cover the transactions. About $20,000 of the total fraud involved credit card refunds, said Katzen. The remaining $150,000 of the total fraud amount was the result of Raymer manipulating spreadsheets, invoices and prices, including mainly selling products below cost in order to keep receiving a monthly commission, said Katzen.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Charlottetown, 2023 Canada Games Host Society unveils new artificial outdoor rink | SaltWireCharlottetown, 2023 Canada Games Host Society unveils new artificial outdoor rink | SaltWireCHARLOTTETOWN, P.E.I. — The City of Charlottetown and the 2023 Canada Games Host Society have teamed up to install a new portable artificial outdoor rink ...
Read more »

COVID-19 outbreak declared at Charlottetown long-term care home | SaltWireCOVID-19 outbreak declared at Charlottetown long-term care home | SaltWireCHARLOTTETOWN, P.E.I. — A COVID-19 outbreak has been declared at the Red Oaks Heights household at Charlottetown’s Prince Edward Home. The household ...
Read more »

Olympic dreams born at RBC Training Ground event in Charlottetown, P.E.I. | SaltWireOlympic dreams born at RBC Training Ground event in Charlottetown, P.E.I. | SaltWireCHARLOTTETOWN, P.E.I. — When Kristy Davis showed up to the RBC Training Ground event in P.E.I. recently, she didn’t think it would open a whole new path ...
Read more »

QMJHL: Cape Breton Eagles down Charlottetown Islanders Sunday afternoon | SaltWireQMJHL: Cape Breton Eagles down Charlottetown Islanders Sunday afternoon | SaltWireSYDNEY, N.S. - The Cape Breton Eagles bounced back with a 4-1 win over the Charlottetown Islanders in Quebec Major Junior Hockey League action at Centre ...
Read more »

Charlottetown Mutual Aid opens warming centre during cold snap after city officials decide against it | SaltWireCharlottetown Mutual Aid opens warming centre during cold snap after city officials decide against it | SaltWireCHARLOTTETOWN, P.E.I. — When Kali Ross and other members of Charlottetown Mutual Aid heard the City of Charlottetown was not opening a warming centre ahead ...
Read more »

Charlottetown Mutual Aid opens warming centre during cold snap after city officials decide against it | SaltWireCharlottetown Mutual Aid opens warming centre during cold snap after city officials decide against it | SaltWireWhen members of Charlottetown Mutual Aid heard the City of Charlottetown wasn’t opening a warming centre ahead of the weekend’s bitter cold snap, they immediately stepped up to help.
Read more »



Render Time: 2025-04-02 07:42:48