Former Canucks prospect charged in alleged massive fraud case

The Surrey RCMP says a former Vancouver Canucks prospect and Surrey resident is facing charges after allegedly conducting “large-scale” real-estate fraud.

Mounties say they were tipped off to the alleged dealings after a victim came forward to police alleging they had lost “several millions of dollars” in real-estate investment opportunities.

Police say as part of their investigations, they determined that between October 2015 and July 2018, the Surrey man did commit financial frauds.

Prabhraj Rai, 34, was arrested Tuesday, Mounties say, and charged with Fraud Over $5,000.

Rai has been released with conditions as he waits for his next court appearance.