Murder trial continues: Retracing Malley’s footsteps

Three days after the deadly bombing of one of his clients, a financial advisor on trial for murder was interviewed by police.

Three days after the deadly bombing of one of his clients, a financial advisor on trial for murder was interviewed by police.

Brian Malley, 57, is charged with first-degree murder in the Nov. 25, 2011, death of Victoria Shachtay, 23.

Shachtay was killed when she opened a Christmas present found on her doorstep that morning in Innisfail. The gift bag disguised a pipe bomb.

Malley told police that on the evening of Nov. 24, he travelled from Red Deer to Innisfail, went to a colleague’s house to get building material and packed for a trip to Edmonton the next day.

Malley then went home to work on his sauna for a few hours, went to the Co-op, got a chicken dinner, watched a little TV and went to bed. His wife was in Edmonton at the ballet. The next morning, he went to Edmonton on business.

In an hour-long audio recording presented to the jury on Tuesday in Red Deer Court of Queen’s Bench, Malley detailed his financial relationship with Shachtay.

They met other after the car crash that left Shachtay paralyzed.

Shachtay’s family was looking to renovate their house and were put in touch with Malley, who is also a homebuilder. When he offered to build them a new wheelchair-accessible house at cost, the Shachtays sold their residence, moved in to Malley’s grandmother’s house — she had recently died — and waited for their new house to be built. They used the money from the sale of their old house to pay Malley for the work he did.

When Shachtay’s financial settlement came through, she invested with Malley. The two sat down and put together a budget.

Malley told police that Shachtay’s budget was for $8,000 a month and for the first year, 2007, that worked. In that first year, she spent about $90,000.

But in 2008, the financial market was unfavourable and Malley said half of Shachtay’s investment was gone. But he said Shachtay was unable to reduce her spending.

By March 2011, the original investment was gone, he said. A second settlement and some family money got Shachtay along, but by the time she was killed she only had a few thousand dollars to her name, court heard.

The trial continues today in Red Deer Court of Queen’s Bench.

Just Posted

Alberta eyes more operating rooms, contracts with private clinics for surgeries

CALGARY — Alberta’s health minister says he aims to make the province… Continue reading

One year after arrests, Canadians held in China set to face trial

OTTAWA — As two imprisoned Canadians face trials in Chinese courts where… Continue reading

‘The grief is heavy:’ Alberta First Nation grieving death of five in house fire

ROCHFORT BRIDGE, Alta. — The chief of the Alexis Nakoda Sioux Nation… Continue reading

Calgary teacher cuts can be averted, but provincial audit, review going ahead

CALGARY — The Alberta government is moving ahead with a financial audit… Continue reading

Man who strangled wife, buried body in their Calgary home to stay in prison

BOWDEN, Alta. — A man who strangled his wife and cemented her… Continue reading

Your community calendar

Friday The Annual Old-Fashioned Country Christmas is being held Dec. 13 at… Continue reading

Flames’ win streak at 6 games with 5-2 win over Coyotes

Flames 5 Coyotes 2 GLENDALE, Ariz. — Sean Monahan scored for the… Continue reading

Alberta eyes more operating rooms, contracts with private clinics for surgeries

CALGARY — Alberta’s health minister says he aims to make the province… Continue reading

Sebastian Aho scores twice, Hurricanes beat Oilers 6-3

Hurricanes 6 Oilers 3 EDMONTON — Sebastian Aho had a pair of… Continue reading

One year after arrests, Canadians held in China set to face trial

OTTAWA — As two imprisoned Canadians face trials in Chinese courts where… Continue reading

‘The grief is heavy:’ Alberta First Nation grieving death of five in house fire

ROCHFORT BRIDGE, Alta. — The chief of the Alexis Nakoda Sioux Nation… Continue reading

Calgary teacher cuts can be averted, but provincial audit, review going ahead

CALGARY — The Alberta government is moving ahead with a financial audit… Continue reading

Man who strangled wife, buried body in their Calgary home to stay in prison

BOWDEN, Alta. — A man who strangled his wife and cemented her… Continue reading

Most Read