Fraudster faces new bans over role in $1.3M retirement resort scam

The Alberta Securities Commission has slapped a convicted fraudster with additional restrictions to “protect investors and … Alberta capital markets.”  The orders were announced Thursday against Marie Louise LaFramboise, who scammed financiers out of deposits for an Alberta mountainside retirement resort that included a condo, hotel, spa and golf course that were never built. LaFramboise, 62, was sentenced to four years in prison last year for the scam and ordered to pay