Guy Fan: Difference between revisions
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In court, Fan was found to be the mastermind of the scheme and was sentenced to 65 years in prison with a fine of $45,000. Fis sentence was believed to be the longest prison term ever imposed in a Canadian federal court and the longest ever for white-collar crime. Fan attempted to flee the country during jury deliberations in October 2018, but was cought attempting to sneak into a boat heading to Europe. He was sent to Fire Ridge Correctional Centre in early 2019 and has been there sense. | In court, Fan was found to be the mastermind of the scheme and was sentenced to 65 years in prison with a fine of $45,000. Fis sentence was believed to be the longest prison term ever imposed in a Canadian federal court and the longest ever for white-collar crime. Fan attempted to flee the country during jury deliberations in October 2018, but was cought attempting to sneak into a boat heading to Europe. He was sent to Fire Ridge Correctional Centre in early 2019 and has been there sense. | ||
== Early life and background == | |||
Fan grew up in rural Quebec with his parents James and Mildred Fan. As a child, Fan worked at his families fruit shop, mostly delivering fruit to neighbors. As a young man, he did construction work in the city of [[Fandery, QC|Fandery]] and purchased Windmere Plumbing Supply in 2002, at the age of 20. The firm was profitable for most of the 2000s , but declared bankruptcy in the late 2000s. | |||
In 2011, Fan was indicted on mail fraud charges and found guilty, for which he served eight months in prison. Weiss had falsely claimed that more than $1 million worth of bathtubs had been damaged in a 2007 warehouse fire. | |||
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Revision as of 22:23, 9 February 2026
Guy Mann Fan (Born 1982) is a former Canadian insurance agent for and owner of Fandery Insurance Group. And a convicted fraudster.
On 23 April 2018, Fan was arrested by Quebec Police for insurance fraud, money laundering, wire fraud, and racketeering, involving Fandery Insurance Group. According to court records, Fan along with other defendants engaged in an immense scheme that siphoned off $550 million from the company, resulting in what was believed to be the largest insurance company failure ever caused by criminal acts.
In court, Fan was found to be the mastermind of the scheme and was sentenced to 65 years in prison with a fine of $45,000. Fis sentence was believed to be the longest prison term ever imposed in a Canadian federal court and the longest ever for white-collar crime. Fan attempted to flee the country during jury deliberations in October 2018, but was cought attempting to sneak into a boat heading to Europe. He was sent to Fire Ridge Correctional Centre in early 2019 and has been there sense.
Early life and background
Fan grew up in rural Quebec with his parents James and Mildred Fan. As a child, Fan worked at his families fruit shop, mostly delivering fruit to neighbors. As a young man, he did construction work in the city of Fandery and purchased Windmere Plumbing Supply in 2002, at the age of 20. The firm was profitable for most of the 2000s , but declared bankruptcy in the late 2000s.
In 2011, Fan was indicted on mail fraud charges and found guilty, for which he served eight months in prison. Weiss had falsely claimed that more than $1 million worth of bathtubs had been damaged in a 2007 warehouse fire.