Ex-cop investigated in Ponzi scheme has died

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A retired Norfolk OPP officer alleged to have operated a Ponzi scheme involving family members, friends and fellow officers, has died.

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Larry Renton, who was a detective-sergeant when he retired in 2016, died at his home on Sunday.

He was 58. No cause of death was provided.

In September 2020, a judge ordered Scotiabank in Simcoe to produce financial records related to an alleged investment fraud involving Renton.

The judge was responding to a petition from a retired staff sergeant with the Norfolk OPP who alleged he was “one of at least 30 known victims of a fraudulent scheme operated by Lawrence Wayne Renton,” said an application dated Aug. 14, 2020, from a Toronto lawyer to the Superior Court of Justice in Simcoe.

The application alleges the parties involved lost “approximately $3.5 million” in “the fraudulent scheme operated by Renton,” which the application says “appears to be a typical Ponzi scheme.”

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“A Ponzi scheme is defined as a scam carried out on the public whereby the rogue…