It's all in the headline:

Fall of an investment adviser - William Marston sold his clients millions of dollars worth of promissory notes. When Mount Real went down, they discovered their savings were gone

By Don MacDonald
The Gazette
February 25, 2006

William Marston has built one of the largest investment advisory businesses in Quebec over the last 17 years, catering to a mostly middle class, mostly English-speaking clientele. By last year, Marston's business had grown to almost $100 million in client assets under advisement - a figure that instantly impresses other industry professionals. But that was before a major scandal erupted over the activities of a Ville-Emard company called Mount Real Corp.

Quebec's financial watchdog, the Autorite des marches financiers (AMF), closed down Mount Real in November and said it had serious doubts about the worth of tens of millions of dollars in promissory notes issued to small investors by its affiliated companies...Now Marston, 58, is in danger of losing his right to work in the financial industry. This month, the AMF suspended his license to sell insurance and provide financial planning advice...Pending the outcome of the case, he's also been suspended by his new firm, Industrial Alliance Securities Inc...

For on Marston's history and the allegations he is now facing, click on over to the full article.

-- MDT