On June 14th, 2017, officers from the Criminal Investigations Division of the Sarnia Police Service arrested Clifford George Baird, age 73 from Sarnia and his son Brent Timothy Baird, age 52 from Sarnia. Both have been charged jointly with Fraud Over $5000 and Conspiracy to Commit an Indictable Offence.
The father and son duo posed as investment managers, but instead, kept people’s money for their own gain and used fake bonds and cheques to make clients believe their money was being invested in foreign holdings. They used an investment platform that proposed incredible returns reaping a 900% gain in nine months. They also convinced clients that they were working with the Chinese Royal Family in multi-trillion dollar investments and would continue to lead on clients to this story with fake emails, pictures and bank certificates.
Unfortunately, one local victim was de-frauded of over $66,000. It is believed other victims may have also been affected.
Clifford and Timothy Baird have resided in various locations throughout Canada and the United States and have a history of similar incidents. They have since been released from custody and the investigation is ongoing. Anyone who is familiar with these individuals or may have fallen victim to this investment scam, is being asked to contact Detective Constable Kent Jamieson at 519-344-8861 ext. 6221.