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Crown asks for four-year term in Carleton Place real estate fraud case

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James Edward “Jim” Pellerin, 68, was found guilty in February of 13 counts of fraud over $5,000 and one of obtaining money under false pretenses.

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Crown prosecutors have asked an Ottawa judge to impose a four-year sentence on a smooth-talking real estate investor who bilked 17 people — some of them friends — in a fraudulent scheme to build and flip townhomes.

“Mr. (Jim) Pellerin doesn’t have a gambling issue, he doesn’t have a substance abuse issue, he has a greed issue,” Crown attorney François Dulude told court Friday.

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