Saskatoon man charged with $1.2M casino fraud
A Saskatoon man has been charged with defrauding the Saskatchewan Indian Gaming Authority after allegedly diverting $1.2 million from SIGA bank accounts.
Alain Germain, 51, made a first appearance in Saskatoon provincial court Tuesday charged with fraud over $5,000 and theft over $5,000.
It's alleged he diverted the money from the SIGA accounts into his own personal and business accounts, Saskatoon police said.
SIGA is the agency that runs casinos for Saskatchewan First Nations.
The fraud and theft allegedly took place between January and May 2009.
According to a report from the provincial auditor last year, the $1.2 million came from the Bear Claw Casino near Carlyle and the Living Sky Casino in Swift Current.
In an interview with CBC News last year, Germain, who had a company involved with servicing casino cash machines, admitted he took money.
Germain said he did not have an excuse, but he promised to make things right.
He also disputed the amount that was missing.