A U.S. newspaper says Ian Thow, the man accused by Canadian officials of financial fraud totaling more than $6 million, was arrrested by members of the U.S. Marshals Oregon Fugitive Task Force in Portland, Tuesday.
According to The Oregonian Ian Gregory Thow, 48, was wanted by Interpol and Canadian law enforcement, who allege that he sold investments in fake companies and promoted fraudulent short-term loans in British Columbia from December 2003 to September 2005.
The Oregonian said Washington state officials prepared a provisional arrest warrant for Thow on Jan. 6 at the request of Canadian authorities, who believed Thow was living in the Seattle area. Oregon authorities were alerted when Seattle marshals found information that Thow was living in Portland.
The Oregon Fugitive Task Force arrested Thow when he left the Edge Loft Condominiums at 1410 N.W. Kearney St. to go jogging. Police said they do not know how long Thow was living in Washington or at what point he left for Portland.
Thow will appear in Federal District Court in Portland on Wednesday to confirm his identity before any charges or extradition orders are filed. Thow was born in California but police do not know whether he is a Canadian citizen.
