Canada

'Fugitive financier' turned killer sentenced to 4 years for fraud

Albert Walker, a former Ontario investment planner infamous for fleeing Canada with his daughter and later committing murder in Britain, was sentenced Monday to four years on fraud-related charges.

Albert Walker, a former Ontario investment planner infamous for fleeing Canada with his daughter and later committing murder in Britain, was sentenced Monday to four years injailon fraud-related charges.

In a court in Kingston, Ont., Justice Rommel Masse sentenced Walker to four years in prison on 19 fraud-related crimes. He was also sentenced to one year, to be served concurrently, on a charge of violating the Bankruptcy Act.

The 61-year-old, formerly a financier inWoodstock, Ont., embezzled more than $3 millionfrom dozens of people in the 1980s, many whom lost their life savings. He pleaded guilty in April to 20 theft and fraud charges.

Walker is currently serving a life sentence in Kingston penitentiary for the slaying of his business partner, Ronald Platt, whose identity he assumed while in Britain.

Walker's life story has been the subject of a book, a movie and a play.

In 1990, Walkerabandoned his home in Paris, Ont., and fled to Britainwith his daughter, Sheena, who was then 15.

British police say that while in Britain, Walker assumed the identity of Platt, a man he had befriended, after convincing Platt to relocate to Canada. Platt returned to England in 1995, causing a major problem for Walker.

Walker killed Platt during a 1996 sailing trip by knocking him unconscious and throwing him overboard, after weighing down his bodywith an anchor.

British police investigating Platt's death revealed Walker's true identity. They identified Platt's body by a Rolex watch on his wrist, which had a serial number allowing police to trace its owner.

In 1998, Walker was found guilty of murdering Platt and sentenced to life in prison without parole for 15 years. Seven years later he was transferred to Canada to serve the remainder of his sentence.

Sheena had two daughters while on the lam with her father for six years, during which time she posed as his wife. The girls' paternity has never been revealed.

With files from the Canadian Press