Peter Kuczer, a Montreal businessman who owned the hydro-electric dam in the Algonquin community of Winneway, is among four people charged with 124 counts of bankruptcy fraud.
The bulk of the fraud charges relate to about 30 cheques worth $2.35 million that were withdrawn during a five-month period from his company, Hydro P-1, before it went belly-up in March 1995. The withdrawals weren’t reported to the bankruptcy court.
In 1994, Kuczer was arrested in Miami outside a bank on charges he attempted to launder$1 million in drug money. In a plea bargain, he pled guilty to a tax charge.
