Fraud case in court

RCMP allege a number of individual investors and companies lost $10 million

A case involving an alleged $10-million fraud was briefly in Red Deer provincial court on Monday.

Joshua James Tenhove, 45, of Red Deer, has been charged with three counts of fraud over $5,000 and one count each of laundering the proceeds of crime and possession of property over $5,000 obtained by crime.

A lawyer acting as agent for Tenhove’s lawyer Will Willms sought to have the case put over to provide time to go through what is expected to be a large amount of disclosure evidence.

The case will go to the case management office on Feb. 28, when Tenhove’s lawyer will set a date for the next court appearance.

A special prosecutor has been appointed to handle the case.

Tenhove was charged last Dec. 19 after a 20-month RCMP investigation led to a search of a home on C&E Trail north of Red Deer.

The alleged scheme involved the purchase, sale and rental of mobile light tower by Silvertip Energy Inc.

RCMP allege the owner of Silvertip Energy sold or rented light towers with the same serial number to multiple investors and sold or rented units that were never manufactured.

Five individual investors lost about $4 million and at least four companies in Canada and the U.S. lost $6.2 million, allege police.

Send your news tips

Like us on Facebook and Follow us on Twitter

Just Posted

Fog advisory for Central Alberta

Fog will dissipate later this morning

WATCH: Hundreds come to Red Deer Rebels Fan Fest

The Red Deer Rebels met with legions of their of fans just… Continue reading

Red Deer GoodLife no longer installing pool

Red Deer GoodLife Fitness members itching to swim will need to find… Continue reading

Hwy 2 detour Friday

Traffic detoured between Gaetz Avenue and Taylor Drive

WATCH: Hundreds come to Red Deer Rebels Fan Fest

The Red Deer Rebels met with legions of their of fans just… Continue reading

Burgers outselling classic baguette sandwiches in France

PARIS — Forget the baguette. The French are going crazy for burgers.… Continue reading

Can Zuckerberg’s media blitz take the pressure off Facebook?

NEW YORK — In the wake of a privacy scandal involving a… Continue reading

Brace for more red ink, no good plan for balance in Alberta budget: opposition

EDMONTON — Opposition parties say Albertans should brace for a provincial budget… Continue reading

Police: Austin bomber’s motive still unknown, despite video

PFLUGERVILLE, Texas — A 25-minute cellphone video left behind by the bomber… Continue reading

Facebook crisis-management lesson: What not to do

NEW YORK — The crisis-management playbook is pretty simple: Get ahead of… Continue reading

Calgary remains interested in 2026 bid, but awaits word from feds, province

Calgary city council approved a slate of moves towards a possible bid… Continue reading

Online threat to U.S. high school traced to girl, 14, in Canada, police say

American authorities say a 14-year-old girl in Canada has been charged with… Continue reading

Comedian Mike MacDonald remembered for gut-busting mental health advocacy

If laughter is the best medicine, then standup veteran Mike MacDonald was… Continue reading

Most Read

Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month