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Accused B.C. bank fraudster denied bail after five releases

Manuel Schafer is accused of allegedly defrauded the Royal Bank of Canada of more than $5,000 Aug. 5, 2021.
vancouver-provincial-court-oct-10-2024
Vancouver Provincial Court

A man charged with bank fraud over $5,000 has been refused bail after allegedly breaching five earlier bail releases.

Manuel Schafer, 41, allegedly defrauded the Royal Bank of Canada or a person named in the document of more than $5,000 on Aug. 5, 2021. That information is in a June 15, 2022, Vancouver Provincial Court charge information.

Schafer’s first appearance on the charge was set for Aug. 24, 2022, and he was granted bail Dec. 21 of that year.

By a Jan. 12, 2023, appearance he was not in custody but was in custody by a July 14, 2023, appearance after a warrant was issued after he failed to appear in court Jan. 12.

That happened again Sept. 12, 2023; Aug. 12, 2024; and Nov. 22, 2024.

Schafer was twice released on sureties of $250, rising to $4,500 in July 2024.

Schafer is due back in court Jan. 16 to be arraigned on the charge.

There have been 39 appearances in the case so far involving 25 judges or justices of the peace, 15 Crown prosecutors and seven defence lawyers.

 

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