Former real-estate executive to serve community sentence for multimillion fraud
CALGARY — A former real-estate investment executive who pleaded guilty to his part in a multimillion-dollar fraud will not be serving time behind bars.
Varun Aurora has been sentenced to two years less a day, to be served in the community.
Aurora, who is 33, was involved with Concrete Equities, which gave false information to investors looking to buy resort property in Mexico.
Provincial Judge Joanne Durant attached a number of conditions to his sentence, including one that Aurora complete 240 hours of community service.