CORNWALL – A Cornwall financial adviser will plead guilty early in the new year to fraud-related charges.
Gilles Saucier was facing 33 fraud, breach of trust, uttering forged documents and theft by conversion charges.
The case was supposed to go to a trial for six days in early 2016 but changed to a plea date after a judicial pretrial hearing this month.
Saucier is the president of Gilden Financial Solutions Corporation of Cornwall on Sydney Street, which provides life and disability insurance as well as retirement planning.
Court documents show at least 16 people – many of them couples – were defrauded of tens of thousands of dollars, presumably most of their retirement savings.
Some of the amounts that were swindled are $11,434.08, $31,564.52, $15,042.00, $17,000.00, $40,000.00, $55,187.43, $17,541.00.
The incidents are said to have happened on various dates between 2009 and 2011.
Saucier was arrested on October 4, 2012.
According to court records, the uttering forged document charges pertain to forging a receipt from Manulife Financial, a client portfolio statement from Hammond Financial Incorporated and a release letter from Manulife Financial.
A request for comment from Saucier’s lawyer , Norman Boxall, was not returned.
The case will return to court February 25, 2016.