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Investment Executive | Killins pleads guilty to $1 million fraud

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Former Waterloo advisor Jennifer Killins still awaits a sentencing hearing, expected in September.

Former financial advisor Jennifer Killins, of Waterloo, Ont., pleaded guilty June 27 to four counts of fraud totaling more than $1.3 million. More than 20 individuals were the alleged victims of her activities.

Killins remains in custody after she was arrested late last year on charges of theft and forgery. Killins appeared in court on Dec. 20, 2012. She was charged with fraud over $5,000, forgery, attempted fraud over $5,000, uttering a forged document, obtaining a credit card by fraud and possession of a credit card for fraudulent purposes.

A firm date for the sentencing hearing has not been set, but is expected to take place in September, 2013. The maximum sentence for one count of fraud over $5,000 is 14 years imprisonment, says Staff Sgt. Paul Lobsinger, who heads the fraud branch of the Waterloo Regional Police Service.

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