Charges Withdrawn Against Two Charged in Norfolk ponzi scheme

Update:  On November 8, 2016 charges against Wolfgang Joseph Friedrich and Adriana Friedrich were dropped.  Crown Attorney Shane Hickingbottom confirmed the withdrawal to CHCH News citing no reasonable prospect of conviction.   He also noted that Mr. Friedrich had agreed to a five year peace bond prohibiting contact with any of the complainants, and restitution of approximately ten per cent of the money in question.

Original story from March 22, 2013:

Two people from Norfolk County have been charged in connection to a million-dollar ponzi scheme.

62-year old Wolfgang Joseph Friedrich and 52-year old Monique Adriana Friedrich each face 17 counts of fraud. The pair, who were married at the time, operated Allrich Investments. Police say Norfolk residents made 17 complaints against the company between 1994 and 2011. The two are scheduled to appear in a Simcoe Court at a later date.