A southern Alberta man has been charged with fraud and theft following an RCMP investigation.
The charges stem from allegations that Jeffrey Robert McNain of Stavely defrauded Unifeed Ltd. of nearly $1 million between November 2006 and December 2007, said an RCMP news release.
It is alleged that McNain sold cattle that Unifeed had financed and on which it held a secure interest and pocketed all proceeds of the sale.
He was charged June 11 with one count of fraud over $5,000, one count of theft over $5,000, one count of forgery and one count of uttering a forged document. His first court appearance is schedululed for Aug.1 in Edmonton provincial court.
