Kaminsky enters guilty plea in fraud case

A North Battleford financial advisor has entered a guilty plea in a wide-ranging fraud case involving investors.

Adelia Kaminsky, aka Adele Kaminsky, of A K Financial Planning Services pled guilty to one count of fraud over $5,000.

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The remaining charges – fraud under $5,000, laundering proceeds of crime and possession of the proceeds of crime – are to be withdrawn at the conclusion of sentencing.

The plea of guilty was entered in North Battleford provincial court Friday morning.

The date of Wednesday, Feb. 25 at 1:30 p.m. has been set for sentencing. The case has been adjourned to that date. Among the reasons for the adjournment is to allow time for victim impact statements to be filed in the case.

Kaminsky had been under investigation for some time by the RCMP, and also by the Financial and Consumers Affairs Authority of Saskatchewan (FCAA) who alleged Kaminsky knew, or reasonably ought to have known, she was perpetrating a fraud on investors by selling investments in Enviro-Can Private Placement.    

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