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by Mike Caswell

Leede Financial Markets Inc. and its former employee, Catherine Jones, deny that they did anything wrong in their handling of the account of a lottery winner who claims to have lost half of his investment. They say that the winner, a man named Mohammed Khan, sought out high-risk investments. Those investments, combined with the financial crisis of 2008, led to Mr. Khan's losses, Leede says.

Leede and Ms. Jones are responding to lawsuit that Mr. Khan filed in the Supreme Court of British Columbia on Oct. 2, 2014. Mr. Khan said that he invested $3.5-million with Ms. Jones and Leede after he won $4-million in the Lotto 6/49 on March 17, 2007. Ms. Jones allegedly promised him a return of $50,000 per month, or about 18 per cent per year, with limited risk.

CJONES.CA

Catherine Jones

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