Tallcree Accuses Lawyer of $8.5M Theft | Calgary News

A northern Alberta First Nation is accusing lawyer Jeffrey Rath of embezzling $8.5 million from their trust fund, allegedly transferring it into his personal account and converting it into gold and silver—prompting his provisional removal as trustee and a court-ordered asset freeze. Rath denies wrongdoing, calling the claims inflammatory and insisting all transactions were disclosed and legitimate investments. The court expanded the scope of a receivership to include Rath’s entire professional corporation, allowing deeper scrutiny of his business dealings—even though it didn’t rule on whether the metals purchase breached fiduciary duty. The First Nation demands greater transparency in how Indigenous trust funds are managed. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c40787456ed58a42