Former missing B.C. investment adviser appears in court on fraud charges

An investment dealer and former Olympic rower who went missing for nearly 18 months made a brief appearance in a Victoria court Tuesday and had his case adjourned to May 2.

HaroldBacker, who stared straight ahead during his time in court, was remanded until his next appearance.

Victoria police sayBackeris facing two counts of fraud over $5,000 after he turned up at the department's headquarters last Thursday.

• B.C. investment adviser missing for 528 days turns himself in to police

The 54-year-old man disappeared on Nov. 3, 2015, after telling his family he was going for a bike ridebut failed to return home.

His son Harrison and daughter Emma were in court but declined comment outside.

A publication ban was placed on details of Tuesday's hearing.

Police in Port Angeles, Wash., have said a man fittingBacker's description was spotted on security footage on a ferry shortly after his disappearance.

Financial crime investigators began looking intoBackerand the company My FinancialBackerCorporation after investors received concerning letters.

Mutual Funds company Investia Financial Services Inc. terminated Backer's licence after his disappearance, stating he had failed to follow its policies and procedures that required him to disclose all outside business activities.

Backer, who was on the Canadian rowing team inthe 1984, 1988 and 1992 Olympic Games, had 20 clients with Investia.