New Brunswick·New
A Moncton entrepreneur testified Friday that there were “red flags” in documents from a man on trial for alleged financial crimes.
Daniel Bard’s retrial on 19 charges in Moncton hears from more witnesses
Shane Magee · CBC News
· Posted: Jan 23, 2026 5:17 PM EST | Last Updated: 7 minutes ago
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Olivier Bertrand speaks to reporters outside the Moncton courthouse on Friday. (Shane Magee/CBC)
A Moncton entrepreneur testified there were “red flags” in documents from a man on trial for alleged financial crimes.
“The whole document is problematic,” Olivier Bertrand said of a letter of intent from Daniel Bard.
Bertrand was testifying on the fourth day of Bard’s retrial in Moncton provincial court. Bard faces 19 charges laid in 2022 alleging fraud, theft and money laundering.
Bertrand testified he met Bard in July 2018 while seeking $500,000 from investors for his startup company Elumicate.
He testified Bard instead proposed seeking more than a $1 million in investment funding. A subsequent letter of intent raised that to $6 million and elsewhere referenced $20 million.
It was that letter,
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