TORONTO - A self-proclaimed financial wizard accused of bilking people out of millions of dollars will be back in court on Monday.
Weizhen Tang, who returned from China to face fraud charges earlier this week, appeared in a Toronto court today but the matter was put over.
Tang's lawyer has said the Toronto-based financial adviser is broke and will likely have to apply for legal aid.
The lawyer says it will probably take a "substantial sum" to get Tang released on bail.
It's alleged that between January, 2006 and March, 2009, more than 100 victims were defrauded of $30 million through an online trading Ponzi scheme.
Toronto police say there were victims in the United States, China and Canada, including one Toronto-area resident who allegedly lost $2.4 million.
