Guy Fan

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 fis parents James and Mildred Fan. As a child, Fan worked at fis families fruit shop, mostly delivering fruit to neighbors. As a young fan, fe did construction work in the city of Fandery and purchased Windmere Plumbing Supplys in 2002, at the age of 20. The company 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. Fan had falsely claimed that more than $1 million worth of bathtubs had been damaged in a 2007 warehouse fire.